Using Genetic Algorithms to Forecast Financial Markets

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stocks and conservative stock picks by screening our database daily for higher volatility stocks that present more opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

• top ten aggressive stocks pick that best fit for long position
• top ten aggressive stocks pick that best fit for short position
• top ten conservative stocks pick that best fit for long position
• top ten conservative stocks pick that best fit for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 1 Month (05/22/2016 – 06/22/2016)
I Know First Average: 7.53%

Just 8 out of 10 top stocks increased as predicted by the algorithm with PES being the top-earning stock with a return of 54.33%. KEM returned 19.92%,OXGI returned 15.73%, ARCW returned 7.59%, and MCF returned 5.52%. The package average was 7.53% compared to the S&P 500’s slow growth of 1.61%.

Pioneer Energy Services Corp. (PES), provides land-based drilling and production services to oil and gas exploration and production companies in the United States and Colombia. The rise in stocks prices is due to a rise in the cost of Crude oil barrels, topping the 50$ mark.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.