Stock Scanner Based on a Self-learning Algorithm: Returns up to 115.13% in 7 Days

Stock Scanner

Stock Scanner: This forecast is part of the Risk-Conscious Package, as one of I Know First’s equity research solutions. We determine our aggressive stock picks by screening our algorithm daily for higher volatility stocks that present greater opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories:

  • Top 10 Aggressive stocks for the long position
  • Top 10 Aggressive stocks for the short position
  • Top 10 Conservative stocks for the long position
  • Top 10 Conservative stocks for the short position

Package Name: Aggressive Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (1/24/24 – 1/31/24)
I Know First Average: 15.07%
Stock Scanner
Stock Scanner chart

For this 7 Days forecast the algorithm has successfully predicted 6 out of 10 movements. FGEN was the top performing prediction with a return of 115.13%. VERB and VBIV also performed well for this time horizon with returns of 22.48% and 15.72%, respectively. The package’s overall average return was 15.07%, providing investors with a 15.46% premium over the S&P 500’s return of -0.39% during the same period.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.