Trade Ideas Based on Artificial Intelligence: Returns up to 40.11% in 14 Days
Trade Ideas
An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This Trade Ideas algorithmic forecast is for stocks with recently reported insiders’ transactions.
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 14 Days (8/20/21 – 9/4/21)
I Know First Average: 11.6%
During the 14 Days forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. CRDF was our best stock pick this week a return of 40.11%. Additional high returns came from MYO and DAC, at 33.9% and 16.18% respectively. The package had an overall average return of 11.6%, providing investors with a 8.66% premium over the S&P 500’s return of 2.94% during the 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.
