Trade Ideas Based on Big Data: Returns up to 17.74% in 3 Days

Trade Ideas

This Trade Ideas 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

insider trading
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Days (11/2/21 – 11/5/21)
I Know First Average: 5.74%
Trade Ideas
Trade Ideas chart

During the 3 Days forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 8 out of 10 returns. HMHC was our the best stock pick with a return of 17.74%. MAC and M also performed well for this time horizon with returns of 17.64% and 10.27%, respectively. The package had an overall average return of 5.74%, providing investors with a 3.92% premium over the S&P 500’s return of 1.82% during the period.

Houghton Mifflin Harcourt Company (HMH), incorporated on December 23, 2009, is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing.

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.