Top Stock Picks Based on Deep-Learning: Returns up to 13.76% in 14 Days
Top Stock Picks
This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 top stock picks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 14 Days (4/15/2021 – 4/29/2021)
I Know First Average: 3.43%
For this 14 Days forecast the algorithm had successfully predicted 7 out of 10 movements. GGB was our best stock pick this week a return of 13.76%. The suggested trades for CZR and LPX also had notable 14 Days yields of 6.65% and 5.96%, respectively. The package saw an overall yield of 3.43% versus the S&P 500’s return of 2.1% implying a market premium of 1.33%.
Gerdau SA ADR (GGB) produces and commercializes steel products worldwide. The company operates through Brazil Business Operation, North America Business Operation, South America Business Operation, and Special Steel Business Operation segments.
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.
