Top Stocks Based on Algorithmic Trading: Returns up to 12.19% in 14 Days

Top Stocks

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 stocks 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 (12/29/2019 – 1/13/2020)
I Know First Average: 2.37%
Top Stocks
Top Stocks chart

For this 14 Days forecast the algorithm had successfully predicted 7 out of 10 stock price movements. JD was the top performing prediction with a return of 12.19%. WDC and COHR also performed well for this time horizon with returns of 11.27% and 6.47%, respectively. This algorithmic forecast package presented an overall return of 2.37% versus S&P 500’s performance of 1.48% providing a market premium of 0.89%.

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.