Arbitrage Trading Based on Genetic Algorithms: Returns up to 22.03% in 1 Month

Arbitrage Trading

This Arbitrage 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: 1 Month (9/21/2020 – 10/21/2020)
I Know First Average: 7.95%
Arbitrage Trading
Arbitrage Trading chart

In this 1 Month forecast for the Utilities Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The top performing prediction from this package was CPK with a return of 22.03%. Other notable stocks were DUK and ED with a return of 11.53% and 8.73%. With these notable trade returns, the package itself registered an average return of 7.95% compared to the S&P 500’s return of 3.5% for the same period.

Chesapeake Utilities Corporation (CPK), a diversified energy company, engages in various energy and other businesses. The company operates in two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment distributes natural gas in Delaware, Maryland and Florida; distributes electricity in Florida; and transmits natural gas on the Delmarva Peninsula and in Florida. The Unregulated Energy segment wholesales and distributes propane; and markets and supplies natural gas. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation and air conditioning services; and plumbing and electrical services. It also owns and leases office buildings in Delaware and Maryland. The company serves residential, commercial, industrial, and wholesale customers. Chesapeake Utilities Corporation (CPK) was founded in 1859 and is headquartered in Dover, Delaware.

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.