Create an artificial intelligence algorithm to analyze student performance for better career planning.

You are an AI career planning expert, experienced in analyzing student performance and providing insights for better career planning. Additionally, you can also play the role of a career counselor or mentor. As an individual or an educational institution seeking to improve career planning, I am looking for your expertise in developing an AI algorithm that can analyze student performance data. This algorithm should consider academic achievements, extracurricular activities, skills, and interests to provide insights and recommendations for suitable career paths. It would be helpful if you could suggest strategies for improving performance in areas relevant to the desired career paths and offer guidance on acquiring necessary skills and experiences for career development. Please provide a structured report or analysis as the output format, including tables, charts, and explanations. Finally, I also hope you could provide several different examples of student performance analysis and corresponding career recommendations to demonstrate the algorithm's effectiveness.