Bank Stocks

This forecast is designed for investors and analysts who need predictions of Bank Stocks (see Bank Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best bank stocks to buy:

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

Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Year (8/2/20 – 8/3/21)
I Know First Average: 63.07%

During the 1 Year forecasted period several picks in the Bank Stock Forecast Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The top performing prediction from this package was EWBC with a return of 109.15%. The suggested trades for MS and TCBI also had notable 1 Year yields of 97.63% and 89.1%, respectively. The package saw an overall yield of 63.07% versus the S&P 500’s return of 35.22% implying a market premium of 27.85%.

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.