Artificial Intelligence Stocks Based on Algo Trading: Returns up to 33.15% in 7 Days
Artificial Intelligence Stocks
This Best Artificial Intelligence Stocks forecast is designed for investors and analysts who need predictions for the best companies which are in the frontier of AI application in their products and services. It includes 20 stocks with bullish and bearish signals:
- Top 10 AI stocks for the long position
- Top 10 AI stocks for the short position
Package Name: Best AI Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/7/24 – 11/14/24)
I Know First Average: 6.16%
During the 7 Days forecasted period several picks in the Best AI Stocks Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. SHOP was the highest-earning trade with a return of 33.15% in 7 Days. Other notable stocks were COIN and TWLO with a return of 9.65% and 7.56%. This algorithmic forecast package presented an overall return of 6.16% versus the S&P 500’s performance of 0.34% providing a market premium of 5.82%.
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.