This AAPL forecast is one of I Know First’s equity research solutions that focuses on Apple Stock. Apple is one of the most tradeable stocks on NASDAQ. Being able to better predict price movements with the I Know First forecasts will give investors an edge over the market. I Know First produces daily forecasts for Apple Stock price in time horizons spanning 3 days to 1 year.
Apple stock provided a return of 3.08% in 1 Year as predicted by the I Know First AI predictive algorithm.
Apple Inc., incorporated on January 3, 1977, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. The Company’s segments include the Americas, Europe, Greater China, Japan, and the Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East, and Africa. The Greater China segment includes China, Hong Kong, and Taiwan. The Rest of the Asia Pacific segment includes Australia and the Asian countries not included in the Company’s other operating segments. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay, and a range of accessory, service and support offerings.
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.
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 1 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.
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