Algorithmic Trading Based on Algorithmic Trading: Returns up to 4.01% in 7 Days

Algorithmic Trading

This Algorithmic 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: 7 Days (12/12/21 – 12/20/21)
I Know First Average: 1.93%
Algorithmic Trading
Algorithmic Trading chart

This Utilities Stocks Package forecast had correctly predicted 8 out of 10 stock movements. OGS was the highest-earning trade with a return of 4.01% in 7 Days. NRG and ATO saw outstanding returns of 3.76% and 3.75%. The package had an overall average return of 1.93%, providing investors with a premium of 4.99% over the S&P 500’s return of -3.06% 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.