Bank Stocks Based on Data Mining: Returns up to 102.14% 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 (9/18/20 – 9/20/21)
I Know First Average: 66.7%
Bank Stocks
Bank Stocks chart

In this 1 Year forecast for the Bank Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The top-performing prediction in this forecast was EVR, which registered a return of 102.14%. EWBC and CMA saw outstanding returns of 100.2% and 77.05%. The package had an overall average return of 66.7%, providing investors with a premium of 36.89% over the S&P 500’s return of 29.81% 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.