Automotive Stocks

This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry (see Automotive Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to trade:

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

Package Name: Automotive Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Year (8/17/21 – 8/17/22)
I Know First Average: 5.02%

In this 1 Year forecast for the Automotive Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. The top performing prediction from this package was TTM with a return of 50.4%. The suggested trades for TSLA and F also had notable 1 Year yields of 32.91% and 19.09%, respectively. The package had an overall average return of 5.02%, providing investors with a premium of 9.61% over the S&P 500’s return of -4.59% 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.