Stock Forecast Based On a Predictive Algorithm | I Know First |Bullish Archives - Stock Forecast Based On a Predictive Algorithm

S&P 500 Index Tend to Rally in Late December

December 12, 2021

December is a strong month for stocks and the S&P500 index, as they tend to rally in the second half of the last month of the year.

Now is a good opportunity to use the I Know First algorithm to invest in the best opportunities for the bullish second half of December.

About I Know First

I Know First, Ltd. is a financial technology company that provides daily investment forecasts based on an advanced, self-learning algorithm. Thus, the company’s algorithm predicts over 10,500 securities (and growing). Thus, it has capabilities to discover patterns in large sets of the historical stock market data.

The underlying

In The News

MRO Stock Prediction: Oil Company Bounces Back After Major Pandemic Losses

July 9, 2021

This MRO stock forecast article was written by Emily Adelson – Analyst at I Know First.

Highlights:

Since November 2020, the company’s stock has grown by 215%
MRO stock Buyback ratio is 2.5, which is higher than 93% of the companies in the industry
The target price for MRO stock is $15 for the coming year

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LOGI Stock Forecast: Growth During the Pandemic Period Enables $162 Outlook for 2022

June 17, 2021

This LOGI stock forecast article was written by Emily Adelson – Analyst at I Know First.

Highlights:

Logitech Inc has experienced rapid growth in the last few years, most significantly with their stock growth by over 135% percent in the past fiscal year alone, discussed below.
Over the last fiscal year, the Logitech stock grew by 76%, and revenue doubled reaching 1.46 billion
Logitech's recent acquisition of Streamlands and Sync has resulted in major growth within the company
My predicted stock price for June 2022 is $161.51, because of the growing demand for computer accessories as a result of the work-from-home environment.

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AI Stock Market Predictions: Algorithm Predicted GME and AMC Surge Against All Odds

January 28, 2021

Try to find a person who has Internet access and still doesn’t know that GME stock price exploded as a result of the battle that emerged from a Reddit post last week. Chances are that you will find this task extremely difficult not only in the USA but worldwide. The story started as the single person offering to “crowd-push” against the major market players holding short positions on GME stock and take revenge on the 1% of the society to be held accountable for the latest financial crises. That said, we saw recently an extremely sharp demand increase not only for GME stock but

Winning Stock Forecast

Aggressive Stocks & Coronavirus Stock-Market Volatility

January 26, 2021

Algorithmic Performance

Aggressive Stocks Amid Coronavirus Market in 2020

November 26, 2020

Executive Summary

The purpose of this report is to present the results of the live forecast performance evaluation for I Know First AI Algorithm, specifically for the Aggressive stocks. The following results were observed when signal and predictability filters were applied to pick the best-performing stocks out of the most predictable ones. The period under evaluation is from 20th December 2019 to 8th November 2020. The corresponding returns distribution of stock filters for the Aggressive stocks are shown below:

Figure 1 : Average Returns Per Time Horizon – Short Term

Figure 2: Average Returns Per Time Horizon - Long Term

Highlights:

The highest average return in the longest horizon of time - 3 months: for the Top 20 signals - 12.32%, for the Top 10 signals - 17.16%, for the Top 5 signals - 14.94%.
S&P 500 price target implying a 12% rally in 2021.
17,16 % - the highest average return for an investor is the Top 10 Signals with a period of 3 months.

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Algorithmic Performance

NVDA Stock Prediction: Nvidia Deserves A Price Target of $630

September 16, 2020

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

My July 27 prediction that NVDA will trade above $460 from its pursuit of ARM Holdings came true.
NVDA is again trading below $530. NVDA still deserves a 1-year price target of $630. Owning ARM Holdings is a massive tailwind for Nvidia.
SoftBank has agreed to Nvidia’s offer of up to $40 billion offer for ARM Holdings. Nvidia will pay $12 billion in cash plus $21.5 billion in NVDA common shares.
Nvidia also agreed to grant $1.5 billion equity to ARM Holdings’ employees and a future bonus payout of $5 billion in cash or NVDA stock based on future financial performance of ARM Holdings.
Nvidia promised to retain ARM Holdings as a British company. Nvidia said it will not revise the open-licensing business model. These promises should appease government regulators.