Trade Ideas

Trade Ideas: This algorithmic forecast is for stocks with recently reported insiders’ transactions. An “insider” is any person who possesses at least one of the following:

• access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
• ownership of more than 10% of the company’s equity

Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 14 Days (1/4/23 – 1/18/23)
I Know First Average: 7.78%

During the 14 Days forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. The top performing prediction from this package was MESA with a return of 33.52%. MOGO and HBI also performed well for this time horizon with returns of 28.72% and 20.65%, respectively. The package saw an overall yield of 7.78% versus the S&P 500’s return of 2.74% implying a market premium of 5.04%.

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.