Automotive Stocks Based on Deep-Learning: Returns up to 43.17% in 1 Month

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 Month (5/27/22 – 6/27/22)
I Know First Average: 5.65%
Automotive Stocks
Automotive Stocks chart

In this 1 Month forecast for the Automotive Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The greatest return came from NIO at 43.17%. Additional high returns came from AXL and MOD, at 17.29% and 4.52% respectively. The overall average return in this Automotive Stock Forecast package was 5.65%, providing investors with a 9.54% premium over the S&P 500’s return of -3.89% 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.