Apple Stock Predictions: How To Trade Apple During The Rest Of The Year

Apple Stock Predictions

Apple (NASDAQ:AAPL) released the iPhone 6 and iPhone 6 Plus in September of last year. The phone had incredible sales since its release, causing the stock price to soar. From September 9th of last year, when the event took place, until July 20th, the stock price soared almost 35%. Since that time though, the stock price has crashed back to earth, falling 15% in little over a month.

apple q4 preview

With Apple confirming that its next big event will take place on September 9th once again, now is a good time to take a look at the iPhone maker. During the upcoming event, new products can be expected, such as a revamped iPhone. But Apple might also surprise customers and investors alike with an unexpected product. With Tim Cook acting as company CEO for four years now, it is possible to accurately judge the job he has done, and Apple should be a good investment choice sometime in the near future.

New iPhone To Include Improvements To iPhone 6

The biggest event during the upcoming quarter is clearly the event on September 9th, when Apple is expected to reveal a new, revamped iPhone. There will actually be two versions, just as there were last year, with the newest versions being the iPhone 6s and 6s Plus. These phones will not be fundamentally different than the previous phones, which brought larger screen sizes to iPhone users.

But the new phones will have some discernible upgrades that will improve the overall performance. The most notable upgrade will be the additional features of Force Touch and haptic feedback. This allows for user to press harder on the screen, which will cause the phone to react with haptic feedback, which feels like a tap. This will add all new options to the user interface, making use of the phone more intuitive and easier.

iPhone 6s

Some other additional features will be a new A9 processor, which is supposed to be significantly faster than the A8 processor in the iPhone 6. The front and rear cameras will be upgraded to, solving one of the main complaints about the iPhone 6, and the phone itself will have a brighter display as the company is working with a brighter OLED screen.

Besides these expected upgrades, there are also rumors that the iPhone will come in two new colors starting this fall. Reaction to this updated iPhone be a key takeaway from the upcoming event, but it is not the only thing to look out for during the event. Another update to one of the company’s products could end up having a much larger role in the stock price moving forward.

New Apple TV Will Finally Be Released

A new Apple TV has been expected for a while now. Analysts had believed the device would be included in the World Wide Developers Conference in May, but that was not the case. That shifted expectations to the upcoming event, as the company is set to take the product from being just a hobby to a key part of its product ecosystem.

But a key part of the new device will still be left out. This is the slimmed down cable streaming service, which Apple is still not yet ready to release. Negotiations with cable providers are still ongoing, but Apple is moving ahead with releasing an upgraded set top box anyways.

While the overhauled version of the Apple TV will not include a cable-streaming package, it will have plenty of new features. One of the biggest will be the redone remote, which will include motion controls much like that of the Wii Remote. This feature could open the way for the Apple TV to become the go to gaming device for casual use. This is even more likely since Apple will open the App Store on the device, allowing third-party app makers to release their own games.

Apple TV

In order to support this kind of gaming function, Apple is including the A8 processor, which is also in the iPhone 6. However, this processor will be more powerful in the Apple TV because it will use electricity instead of having to rely on battery power.

Other changes to the remote will also be included. One potential new feature on the device will be the inclusion of Siri, which users will be able to access through a voice-controlled option on the remote. Using the voice-control on the remote, users will be able to tell Siri to turn on a certain show to watch or start a certain game. This feature also has plenty of future promise related to the Apple Home features, such as turning up the air conditioning or turning off the lights connected to the Apple TV.

While the television streaming service will not be included, releasing this Apple TV could give the company leverage in future negotiations with the cable providers. The new Apple TV is expected to cost either $150 or $200, and the successful integration of this product into families’ living rooms would provide a huge boost to the company’s future prospects.

Tim Cook’s Track Record In The Face Of China Concerns

Tim Cook has now been Apple’s CEO for four years, having taken over from the legendary Steve Jobs. During the early part of his tenure, some investors were unsure whether he was right for the job, as the stock fell precipitously in 2012 and 2013. That looks rather silly now, and any potential investors concerned over whether Cook can carry on Jobs’ legacy should be placated by now.

Since Cook took over the role, the stock price is up over 90%. This is particularly impressive considering the stock pullback during the end of 2012 and beginning of 2013 and the current concerns over China. This market has proven to be a sore spot for Apple as investors are concerned about that slowing economy, which is supposed to be biggest provider of growth moving forward.

The harm that China will likely incur on Apple is this pullback, however, as Apple’s business in China is much more resilient than most people believe. The emotional reaction to the slowing market is Apple is in trouble and will sell less iPhones, but these concerns over China have been brought up over the last six years, dating back to 2010. During that same time, the company’s business in China has continued to skyrocket.

Cook has come out and said that Apple continues to experience massive growth in China through July and August. He even claimed that iPhone sales have accelerated over the last few weeks. With the middle class there expected to continue to grow, Cook is confident the iPhone will continue to be a success in that market, and the stock should bounce back as these concerns are calmed.

How To Trade Apple Stock

Having looked at the factors that will affect Apple during the rest of the year, understanding how best to trade this stock could be key. Thinking about the stock simply, one would expect just before product releases to be the best time to buy Apple stock, as the event will bring up new opportunities and increase excitement. This has proven to not be true in the past, however.

Instead, the stock tends to have an initial jump that is not sustained. While excitement for the new product is initially high, analysts tend to underestimate their appeal and the demand for the product. This was especially true for the iPhone 6, which blew away analysts’ predictions. Further, the products tend to get picked apart for their issues and reports of weak demand tend to harm the stock price.

The better time to buy Apple stock comes before earnings reports, when the company tends to blow expectations away. This was most recently seen during the fourth quarter earnings report last year, when the company sold over 71 million iPhones.

While the company is unlikely to meet that number this year, it is a safe bet it will beat expectations once again, as demand for the iPhone will always be high during the holiday season. Likewise, look for the Apple TV to beat expectations as well, as it will be a popular gift for children due to the casual gaming abilities. These gains are much stronger and resilient, offering strong returns to investors who appropriately time the buying of this stock.

Algorithmic Analysis

I Know First supplies financial services, mainly through stock forecasts via their predictive algorithm. The algorithm incorporates a 15-year database, and utilizes it to predict the flow of money across 2000 markets. The self-learning algorithm uses artificial intelligence, predictive models based on artificial neural networks, and genetic algorithms to predict money movements within various markets.

The algorithm produces a forecast with a signal and a predictability indicator. The signal is the number in the middle of the box. The predictability is the number at the bottom of the box. At the top, a specific asset is identified. This format is consistent across all predictions. The middle number is indicative of strength and direction, not a price target. The bottom number, the predictability, signifies a confidence level.

I Know First has had success predicting the movement of Apple’ stock price in the past. In this one-year forecast from August 26th, 2014, Apple had a bullish signal strength of 36.42. In accordance with the algorithm’s prediction, the stock price increased 9.88% during that time.

Having explained how I Know First’s algorithm works, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The one-month and three-month forecasts for Apple are included.

Forecast

Apple has a weak, bearish signal strength for both time horizons. This indicates that the current time is not right to invest in this stock, supporting the idea that before big events is not the opportune time to invest in Apple. Instead, investors should wait until before the earnings report, when the stock’s signal strength could be much stronger.

A positive signal strength does not mean investors should automatically buy the stock. Dr. Roitman, who created the algorithm, created rules for entry for a stock such as Apple. Using this trading strategy, an investor should buy a stock if the last 5 signal strength’s average is positive and if the last closing price is above the 5-day moving average price. When both of these conditions are met, it is a good time to initiate a position in the stock.

Conclusion

Apple’s stock price has been hit hard by the concerns in the Chinese market, with the stock price falling almost 14.5% over recent weeks. I Know First believes that these concerns are overblown and that Apple is still an attractive stock to own moving forward. The big event in September will draw plenty of attention, but that does not mean it is the right time to buy the stock. Instead, investors should wait until before the next earnings report, when real stock gains can be realized. With a revamped iPhone and Apple TV, the company will continue to prosper over the long-term, as Cook has proven himself during his time as Apple CEO.

Apple Stock Forecast Using Algorithmic Analysis: 9.88% Return In 1 Year

Apple Stock Forecast Using Algorithmic Analysis

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Tech Stocks
Recommended Positions: Long & Short
Forecast Length: 1 year (8/26/14 – 8/26/15)
I Know First Average: 20.63% Long; 30.51% Short

Get the “Tech Stocks”-Package

Top Stocks Based On Machine Learning

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

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.

Apple Stock Forecast: 6.95% Return In 1 Year

Apple Stock Forecast

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Tech Stocks
Recommended Positions: Long & Short
Forecast Length: 1 year (8/22/14 – 8/22/15)
I Know First Average: 17.76% Long; 28.13% Short

Get the “Tech Stocks”-Package

apple stock forecast

The Tech Stocks Package forecast from 08/22/2014 included the top 10 stocks for both the long and short positions. The most impressive stock for the long position was Axcelis Technologies, Inc. (ACLS) with a  return of 75.94%. Other top performing stocks from the forecast were Amazon.com, Inc. (AMZN) & salesforce.com, inc. (CRM) with solid returns of 48.53% and 24.12% respectively. For the short position, the top performing stock was Advanced Micro Devices, Inc. (AMD) which decreased 58.02% as the algorithm correctly predicted. The average return for the long position was 17.76%, while the average return for the short position was 28.13%. These average returns significantly outperformed the S&P 500 return during the same time horizon.

The Massachusetts based Axcelis Technologies, Inc. (ACLS) saw its most recent bump in share price after releasing their second quarter earnings report.  This report showed net income of $5.9 million, a healthy income that looks even better when compared with the loss they reported in the second quarter of last year.  Both income and revenue surpassed Wall Street’s expectation of this semiconductor manufacturer and analysts expect revenues to increase further in the third quarter.

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.

Apple Stock Predictions: 0.89% Return In 3 Months

Apple Stock Predictions

This stock market forecast includes the best stocks determined by the algorithm with a market capitalization of more than $200 billion.

  • 10 Best Mega Cap stocks for the long position
  • 10 Best Mega Cap stocks for the short position

Package Name: Best Mega Cap Stocks
Recommended Positions: Long
24 07 2013 10 48 51 Best Investments Based on Algorithms: 8.19% Gain in 14 DaysForecast Length: 3 Months (04/05/15 – 07/05/15)
I Know First Average: 6.55%

Get the “Best mega caps Stocks” Package.

Apple Stock Predictions

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

Apple Stock Predictions: An Algorithmic Analysis

Apple Stock Predictions

Read a full algorithmic article about what to expect from Apple’s stock price during the second half of the year.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks. Business Disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. We did not receive compensation for this article, and we have no business relationship with any company whose stock is mentioned in this article. Read More From I Know First Research:

  • Gilead Sciences Is Still Undervalued (View)
  • Patience Is The Key With Yahoo (View)
  • Rite Aid Is Undervalued: Algorithmic Analysis (View)
  • Portfolio Strategy And Asset Allocation Based On Algorithms – Part 2 (View)
  • Cash Flow Is Better Than Cash – Why McDermott International Is A Losing Play (View)
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Apple Stock Predictions: Algorithmic Forecast For Second Half Of 2015

The article was originally published on Iknowfirst.com

Apple Stock Predictions

Apple Inc. (NASDAQ: AAPL) has had a great year, with the stock price increasing 44.71% over the last year. The iPhone 6 was a major success and continues to sell well, playing a major role in the stock price’s rise. Since February 10th, the stock price has stalled, trading in a range of $120 and $133 since then. The stock price is now poised to make another major jump all the way above $150, as a couple of catalysts are coming in the next month and the company’s current products continue to excel.

apple stock forecast

Figure 1. Source: YCharts

World Wide Developers Conference

The company’s biggest event of the year starts on June 8th. Traditionally, the company unveils new products while revealing upgrades to its operating systems. This year will be no different, with one of the biggest announcements being the new music streaming service. Apple redefined the music business with the iTunes store in 2003, and it currently continues to receive around 80% of music sales around the world.

But music streaming has become very popular, with Spotify leading the market presently. This field of music is experiencing solid growth, and Apple will announce its own music streaming service during the conference, powered by its acquisition of Beats by Dre last year. Apple is clearly late to this market, but it has an advantage over rivals like Spotify and Tidal, as it already has the credit card info of users of its iTunes store.

Converting these customers to convert to music streamers will be easier than it is for competitors to convince them to sign up for their service. The familiarity that customers already has with the company, as well as users’ loyalty to all things Apple, will allow the tech giant to bring music streaming into the mainstream. Apple will make certain songs and artists free to give potential customers a taste of the product, which will have the same $9.99 price as its main competitors.

The introduction of the new streaming service will provide Apple with a new revenue stream to make up for declining download sales. The company is not pinning all of its hopes on the pay-model streaming service, though, as it is also working to improve its iTunes Radio, a free streaming service that competes with Pandora Media (NYSE: P).

Apple is reportedly targeting big-name artists Drake and Pharrell Williams to be DJ’s on the new radio stations, which will also attract people to the paid streaming service. Being the market leader in music, Apple should not have much of a problem becoming the largest music streaming service on the planet due to its brand recognition and scope of its products, providing extra revenue growth and expanding the company’s ecosystem of products.

Another product that Apple was rumored to be releasing at the conference was the new Apple TV streaming service. This will not be released until later this year or possibly until 2016. The updated Apple TV with new hardware, the first update to the set top box since 2012, won’t be released until later in the year either, as it is still not ready. The eventual upgrade will include a better processor and Siri voice recognition, which could have huge implications for the company’s strategy of being present everywhere in consumers’ lives when the Apple TV is revealed, most likely at an event in the fall.

apple stock forecast

Figure 2. AppleTVHacks

The Siri recognition present in the new Apple TV will have the capability of working with Apple’s HomeKit devices, which just started hitting the market. The HomeKit compliant devices that have hit the market so far include a WiFi-connected thermostat from Ecobee, a smart plug that allows users to turn appliances on and off from iHOME, and a bridge device that makes it possible to connect the HomeKit to Lutron’s connected lighting system.

This type of technology will grow exponentially in the future as more and more products capable of working with home systems such as HomeKit are made. The ability to control these devices using voice commands through Siri on the Apple TV will allow users to make their own settings for different situations, such as having the lights dimmed when entering into movie mode, or making sure all the windows are closed and the thermostat is lowered when leaving the house. This will increase Apple’s presence in users lives, increasing the company’s value.

Current Products Shining

While the new products being released during the conference next week could provide a stimulus to send the stock price higher, it will mean nothing if the iPhone does not continue to sell units at a rapid pace. Samsung Electronics Co., Ltd. (OTC: SSNLF) released the Galaxy S6 and Galaxy S6 Edge smartphones on April 6th, and the phones were seen as a response to the increased screen size of the newest iPhones. There was some worry that the Samsung phones would dent the incredible performance of the iPhone, but that does not seem to be the case.

In the three weeks after Samsung’s new phones were released, it sold about 6 million units. While this number is an improvement for the company compared to its sales of its phones in the previous year, it is nowhere near the 10 million units Apple sold of the iPhone in just its first weekend. Further, based off of Wall Street’s estimates for iPhone sales during the current quarter, Apple would have sold 15 million units in April. The fact that the iPhone would have more sales in the month compared to Samsung’s new models, even though the Galaxy phones were released in the middle of the month, is incredible considering the fact that the iPhone was released 6 months ago.

This trend shows the demand for the new iPhone is not waning as much as it has in the past, even before a new operating system or new iPhone 6s is released. The increased screen size has been a huge hit in China, and current iPhone users are still upgrading from older models to the larger-screen phones. When a new version is released, another upgrade cycle could take place where sales blow away expectations again.

The sales for the Apple Watch will most likely be addressed during the upcoming developers conference as well, while the company will help developers create better apps for the wearable device to make it more useful for consumers in everyday use. Trip Chowdhry, an analyst of Global Equities Research, has estimated that Apple has already received orders for 7 million devices so far based off of developers he has spoken with, while 2.5 million have already been delivered.

This would put Apple on track to sell 40 to 42 million devices by the end of the year. I believe that the current estimates might be higher than actual orders, as Apple has yet to reveal any such information, but do believe that Apple could easily meet that amount of sales by the end of the year. One reason why is the new technology is still not available for sale in stores yet, a fact that could be changing soon. When the devices are made available for in person purchase, sales should pick up. Apple is also working with partners to drive more sales of the device in enterprise, an area of emphasis for the company lately.

More importantly, sales should pick up heavily during the final quarter of the year, when holiday demand for them will be enormous. The fourth quarter of the year has traditionally been Apple’s best due to the holiday season, and Apple Watch should be the biggest beneficiary of the trend this year. The device will have demonstrated its value by that time and will be surpass the average prediction for sales in the first year on the market.

Bond Offering And Analyst Opinion

While Apple’s current product outlook is strong and there is already enough reason to be optimistic regarding the stock price, a new bond offering provides further support to the belief that the stock price will continue to climb. It was reported last week that Apple would issue $1.6 billion in Samurai bonds, which are what bonds issued in the Japanese market by non-Japanese firms are called.

The capital being raised provide good value due to the Bank of Japan’s monetary easing program, as Japanese bond yields are currently amongst the cheapest in the world. The program will also provide the company the ability to continue to return value to shareholders, as much of its $193 billion in cash sits offshore and would be taxed when brought back into the states. Some could also be used to expand the company’s operations in China.

The reason this news is noteworthy is that Apple’s stock price has increased by an average of 19.4% in the six months following the company dipping into the bond market in the past, which Apple has done four times in the past. This would move Apple well above the $150 price level, and the trend could continue here. The extra cash overseas should also be mentioned, as I believe it offers more upside potential for the stock. If repatriating the cash with a tax-break is made possible, the stock price would jump quickly. Such a move could be made possible after the next presidential election and should be taken note of.

apple stock forecast

Figure 3. Source: Yahoo! Finance

Market analysts also tend to be bullish regarding Apple’s stock price. Analysts have assigned a mean recommendation of buy according to Yahoo! Finance, with a mean target price of $148.75. With the stock price currently trading at $129.96, that represents upside of 14.5%, which I believe is on the low side. The stock price should be able to surpass $155 within the next three months, providing plenty of earnings to warrant purchasing this stock.

Algorithmic Analysis

I Know First supplies financial services, mainly through stock forecasts via their predictive algorithm. The algorithm incorporates a 15-year database, and utilizes it to predict the flow of money across 2000 markets. The self-learning algorithm uses artificial intelligence, predictive models based on artificial neural networks, and genetic algorithms to predict money movements within various markets.

The algorithm produces a forecast with a signal and a predictability indicator. The signal is the number in the middle of the box. The predictability is the number at the bottom of the box. At the top, a specific asset is identified. This format is consistent across all predictions. The middle number is indicative of strength and direction, not a price target. The bottom number, the predictability, signifies a confidence level.

apple stock forecast

I Know First has had success predicting the behavior of Apple’s stock price in the past. In this one-year forecast from May 11th, 2014, the stock was included in the top 10 tech stocks forecast. The company had a signal strength of 4.50 and a predictability of 0.6. In accordance with the algorithm’s prediction, the stock price increased 53.02% during that time.

apple stock forecast

I Know First published a bullish articles on Apple on Guru Focus(1, 2, 3). Having explained how I Know First’s algorithm works and an example of it predicting Apple’s stock price in the past, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The three-month and one-year forecasts for Apple are included.

apple stock forecast

Apple has slightly bullish signal strengths in both time horizons, with the signal stronger for three-months. This makes sense considering how much the stock price has already increased over the past year. While the signals are only slightly bullish, the stock price is set to increase due to new developments from its World Wide Developers Conference, the continued success of the products it already has on the market, and the bond offering it is making in Japan. I Know First is bullish on the stock during these time horizons, believing the stock price will continue to increase.

Apple Stock Prediction: 53.02% Return In 1 Year

Apple Stock Prediction

Top tech stocks: This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Industry Package – Tech Stocks
Recommended Positions: Long
Forecast Length: 1 Year (5/11/14 – 5/11/15)
I Know First Average: 25.20%

Get the “Tech Stocks” Package

Best Stocks To Invest In

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

Please note-for trading decisions use the most recent forecast. 

Get today’s forecast and Top stock picks.

AAPL News: Bullish Outlook Ahead

AAPL News

Apple will release its second quarter earnings figures and host a live conference call on Monday, April 27. The stock price has skyrocketed over the last year, boosted by strong sales of its newest smartphones, the iPhone 6 and 6 Plus. After selling over 74 million phones during the last quarter, it would be understandable to think that Apple could not live up to the lofty expectations set for it this quarter. But Apple is set once again to blow past expectations and surge even higher in coming months, as I Know First correctly predicted it would after the last earnings report. Continued rapid sales of the new iPhones, deeper expansion into the enterprise segment, and an increase in the capital expenditure program mean Apple is still bullish looking ahead to the end of the month, and should continue trending higher afterwards.

AAPL News

The I Know First algorithm is similarly bullish for Apple in the lead up to the next earnings report and the release of the Apple Watch. Review for the new device have been tepid so far, which is unusual for Apple products. When the iPhone and iPads were released, they were immediate hits with critics, as their usefulness made them necessities for consumers. The Apple Watch still needs some software fixes, as some of the apps take a long time, such as Uber finding your location. But these should be fixed eventually.

Sales are likely to be strong even with uninspiring reviews, as Apple consumers are extremely loyal. The device also helps connect Apple’s ecosystem of devices, making things such as Apple Pay that much easier to use. The Taptic engine, which gives a slight tap to the user’s wrist when their is an update, has been well received, as has the Apple Fitness apps. While critics agree that the device is nice, it is still not essential. Information about the sales data from the release will be interesting to see during the earnings report, and positive news could be a huge catalyst for bullish behavior in the months to come.

 

Business Disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. We did not receive compensation for this article, and we have no business relationship with any company whose stock is mentioned in this article. Read More From I Know First Research:

Apple Stock Forecast: 67.58% Return In 1 Year

Apple Stock Forecast

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry. It includes 10 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Tech Stocks
Recommended Positions: Long
24 07 2013 10 48 51 Best Investments Based on Algorithms: 8.19% Gain in 14 DaysForecast Length: 1 Year (3/9/14 – 3/9/15)
I Know First Average: 21.14%
Get the “Top Tech Stocks” Package.

Apple Stock Forecast

 

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

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

Apple Stock Predictions: 39.91% Return In 1 Year

Apple Stock Predictions

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Tech Stocks
Recommended Positions: Long
24 07 2013 10 48 51 Best Investments Based on Algorithms: 8.19% Gain in 14 DaysForecast Length: 1 Year (12/13/13 – 12/13/14)
I Know First Average: 34.62%
Get the “Top Tech Stocks” Package.

 apple stock predictions

 

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:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

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

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