Algo Trading Based on Artificial Intelligence: Returns up to 7.43% in 14 Days

Algo Trading

This Algo Trading forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry . It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

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

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 14 Days (2/15/22 – 3/1/22)
I Know First Average: 2.25%
Algo Trading
Algo Trading chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 8 out of 10 stock movements. The greatest return came from SRE at 7.43%. AEP and ATO saw outstanding returns of 4.68% and 3.73%. The package itself saw an overall return of 2.25%, providing investors with a 4.42% premium above the S&P 500’s return of -2.17% for the same time 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.