Stock Market Forecast Based on Artificial Intelligence for 2022
We are offering a special one-time report with the best stock market opportunities for 2022. This includes top stock picks, ETFs, US Indices forecast, cryptocurrencies, and more! Click here to enjoy the best investment opportunities for the next year!
2021 was the year of the fight against Covid-19, as well as the identification of the resulting imbalances in the global economic system, such as deficit of containers in the goods transportation, gas shortage, chips shortage for technological products, inflation and etc., and the search for ways to overcome these disbalances, which also remain relevant in 2022. Each disbalance provokes additional risks which spread across all segments of the financial market from equity and debt markets to commodity and cryptocurrency markets. While it is risky to invest during such a macroeconomic environment, it also creates tremendous investment opportunities that can generate a long-term return.
Every year we issue a one-time forecast for a year. The report includes our recommendations for a broad range of financial assets for a period of 12 months ahead: Recommended Stocks for US market; European market; ETFs; Commodities market; Currency and Cryptocurrency markets.
The artificial intelligence algorithm locates the most recommended stocks in the capital market. The properties are 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
Performance of Algorithmic Recommenrations for 2021
We will examine the performance of the assets from the annual recommendation of 2021, below are recommendations published on January 1th, 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)
*Fiat Chrysler (FCAU) merged with Peugeot (PUGOY) to create Stellanis NV (STLN)
**PRA Health Sciences Inc (PRAH) was acquired by ICON. The last trading day of PRAH is June 30, 2021
The algorithm accurately forecasted 31 out of 36 trades and provided a positive return across all forecast groups. The overall average return was 35.44% compared with the S&P 500 return of 25.39% for the same period. The greatest average return came from the Currency and Cryptocurrency Forecast at 50.29%. Further notable returns came from the Equities Forecast and the Commodity Forecast at 45.70% and 36.13%, respectively. While the US Indices Forecast, the ETFs Forecast, and Europe Indices Forecast provided at 18.04%, 16.32%, and 16.20%, respectively. Moreover, the Commodity Forecast, the ETFs Forecast, the US Indices Forecast, and the Europe Indices Forecast had accuracy at 100%. While the Equities Forecast, and the Currency and Cryptocurrency Forecast had accuracy at 69% and 66%, respectively. Also, it should be noticed that the Equities Forecast provided the average return of 45.70% versus the S&P500 return of 25.39% implying a market premium of 20.31%.
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.
