Halal Stocks

The Halal Stocks Package is designed for investors and analysts who need predictions for stocks that are compliant with halal and haram principles. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy and sell:

• Top 10 halal stocks with bullish signals
• Top 10 halal stocks with bearish signals

Package Name: Halal Stocks
Recommended Positions: Long
Forecast Length: 14 Days (2/12/24 – 2/26/24)
I Know First Average: 6.38%

For this 14 Days forecast the algorithm has successfully predicted 7 out of 10 movements. LCUT was the top performing prediction with a return of 17.26%. IESC and CROX also performed well for this time horizon with returns of 17.18% and 11.47%, respectively. The package’s overall average return was 6.38%, providing investors with a 5.53% premium over the S&P 500’s return of 0.85% 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.