Bank Stocks Based on Big Data Analytics: Returns up to 104.27% in 1 Year

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

Bank Stock Forecast
Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Year (8/2/20 – 8/2/21)
I Know First Average: 61.68%
Bank Stocks
Bank Stocks chart

Several predictions in this 1 Year forecast saw significant returns. The I Know First’s algorithm had correctly predicted 10 out 10 stock movements. The prediction with the highest return was EWBC, at 104.27%. Further notable returns came from MS and TCBI at 96.87% and 86.63%, respectively. The package’s overall average return was 61.68%, providing investors with a 27.56% premium over the S&P 500’s return of 34.12% 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.