Algorithmic Trading: Up to 112.89% in a Year

Algorithmic Trading

This Bank Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for a specific industry: Best Bank Stocks. It includes 20 stocks with bullish and bearish signals and indicates the best bank stocks to buy:

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

Package Name: Bank Stocks
Forecast Length: Year long (07/27/14 – 07/27/15)
I Know First Average: 21.10%

Algorithmic Trading

WETF increased by 112.89% in just one year, becoming the top performing stock in the Bank Stocks Package forecast for that time period. Another top performing stocks, MTU, had outstanding returns of 21.03%, with ten of the ten stocks increasing in accordance with the algorithm’s prediction. Additionally, MS, also offered decent returns of 18.08% to investors, which are made even more impressive considering the short time frame of the prediction. The average return of the forecast was 21.10%, which is around 4.5 times greater than the S&P 500 return of 2.51% during the same time horizon.

WisdomTree Investments, Inc. (WETF) has provided exceptional yearly growth boasting a 112.89% yearly increase. The New York based fund management firm has closed on Tuesday at $22.69, with a return on investment of 33.20%, while trading at a volume of 2,010,772 shares.

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.

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