Recommended Stocks Based on Artificial Intelligence – the First Half of 2021
Every six months we issue a one-time forecast for half a year. The report includes our recommendations for a broad range of financial assets for a period of 6 months ahead: Recommended Stocks for US market; European market; ETFs; Commodities market; Currency and Cryptocurrency markets.
At the end of the previous year (2020) the artificial intelligence algorithm located the most recommended stocks for the first half of 2021 in the capital market. The properties were marked by the prediction algorithm according to the signal and predictability.
Signal – represents the expected magnitude of asset movement.
Predictability – is the historical correlation between the past algorithmic predictions and the actual market movement for each particular asset. The index ranges from 0 to 1.
For a full explanation of the indicators: https://iknowfirst.com/stock-market-prediction
We will examine the performance of the assets from the semi-annual recommendation of 2021, below are recommendations published on January 7th, 2021:
Recommended Stocks for US Market:
Mirati Therapeutics, Inc. (MRTX)
PRA Health Sciences, Inc. (PRAH)
DXC Technology Company (DXC)
Fiat Chrysler Automobiles NV (FCAU)
Norwegian cruise line (NCLH)
Best S&P 500 Stocks:
Albemarle Corporation (ALB)
Occidental Petroleum Corp (OXY)
Freeport-McMoRan Inc. (FCX)
Most Promising Aggressive Stocks:
Cronos Group Inc (CRON)
Ocugen, Inc. (OCGN)
Aptevo Therapeutics Inc. (APVO)
Most Promising US ETFs:
IYG – ETF that tracks companies that provide financial services
OIH – capturing the 25 largest US-listed oil services companies
PSCH – this fund is based on the S&P SmallCap 600® Capped Health Care Index
Commodities Market:
ICE_B1 – Brent Crude Oil Futures
CME_RB1 – NYMEX Gasoline Futures
USO – holds predominantly short-term NYMEX futures contracts on WTI crude oil
NaturalGas
CME_NG1 – NYMEX Natural Gas
^XNG – NYSE Arca Natural Gas Index
XME – tracks an equal-weighted index of US metals and mining companies
Copper
Nickel
DBB – tracks an index of three base metal futures contracts. It selects contracts based on the shape of the futures curve to minimize contango.
The Main US Market Indices:
Russel 2000 (^RUT)
S&P 500 (^S&P 500)
Nasdaq (^IXIC)
Dow Jones 30 (^DJI)
The Main European Market Indices:
FTSE 100 (^FTSE)
DAX 30 (^GDAXI)
CAC 40 (^FCHI)
Currencies Market:
The short position for USD/ZAR (South African rand against the US dollar)
The long position for USD/TRY (Turkish lira against the US dollar)
Cryptocurrency Market:
The long position for BTC/USD (Bitcoin against the US dollar)
Marathon Digital Holdings, Inc (MARA)
Riot Blockchain, Inc (RIOT)
The annual forecast accuracy rate is 83.33%, and the average forecast return is 24.36%, while the S&P 500 return is 12.98% during this period.
I Know First’s State of the Art Algorithm accurately forecasted 30 out of 36 trades. The greatest return came from OCGN at 207.66%. Further notable returns came from Nickel and RIOT at 87.17% and 65.80%, respectively. The overall average return in this forecast was 24.36%, providing investors with an 11.38% premium over the S&P 500’s return of 12.98% during the same 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.