Best Stocks To Buy Based on Algorithmic Trading: Returns up to 29.34% in 3 Months
Best Stocks To Buy
Best Stocks To Buy: This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 3 Months (11/26/23 – 2/26/24)
I Know First Average: 12.11%
Several predictions in this 3 Months forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was SONO with a return of 29.34%. Other notable stocks were ENTG and VRNS with a return of 27.57% and 26.22%. The overall average return in this Stock Forecast & S&P500 Forecast package was 12.11%, providing investors with a 0.92% premium over the S&P 500’s return of 11.19% during the same period.
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.