Apple Stock Forecast: AI Algorithm Predicts AAPL Price Movements With Up To 96% Accuracy

AI algorithm has been able to forecast the movement of the Apple stock price (AAPL) with an accuracy of up to 96%. The I Know First predictive AI algorithm has been able to forecast the movement of the Apple stock price (AAPL) with an accuracy of up to 96%, says an evaluation report released by the Tel Aviv-based company on July 23 2019. The assessment covers the forecasts for the period from January 1 until July 23 2019, with time horizons ranging from 3 days to 3 months. The algorithm, which was initially designed to help investors identify undervalued stocks, has demonstrated a consistent accuracy rate above 65%. Three-month forecasts have proven to be the most accurate ones, with demonstrating precision of nearly 100%.