Algorithmic Trading Software

Algorithmic Trading Software: This Utilities Stocks 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: 1 Month (3/26/23 – 4/26/23)
I Know First Average: 3.37%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Utilities Stocks Package for the 1 Month time period. EIX was the highest-earning trade with a return of 6.76% in 1 Month. AEE and SO saw outstanding returns of 5.89% and 5.83%. This algorithmic forecast package presented an overall return of 3.37% versus the S&P 500’s performance of 2.14% providing a market premium of 1.23%.

Edison International (EIX), through its subsidiaries, generates and supplies electricity in the United States. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks. The company’s transmission facilities consist of lines ranging from 33 kV to 500 kV and substations; and distribution system comprises approximately 53,000 line miles of overhead lines, 38,000 line miles of underground lines, and approximately 800 distribution substations located in California. It serves approximately 5 million customers. Edison International (EIX) was incorporated in 1987 and is based in Rosemead, California.

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.