Bank Stocks To Buy Based on Algorithmic Trading: Returns up to 15.47% in 7 Days

Bank Stocks To Buy

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

  • 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: 7 Days (7/23/2019 – 7/30/2019)
I Know First Average: 3.46%
Bank Stocks To Buy
Bank Stocks To Buy chart

For this 7 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The top performing prediction from this package was QCRH with a return of 15.47%. Additional high returns came from WAL and PFBC, at 7.87% and 5.61% respectively. With these notable trade returns, the package itself registered an average return of 3.46% compared to the S&P 500’s return of 0.94% for the same period.

QCR Holdings, Inc (QCRH), a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services for the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, and Rockford communities. It operates through Commercial Banking and Wealth Management segments.

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.