Bank Stocks To Buy Based on Data Mining: Returns up to 102.5% in 1 Year

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 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 (10/6/20 – 10/6/21)
I Know First Average: 77.01%
Bank Stocks To Buy
Bank Stocks To Buy chart

For this 1 Year forecast the algorithm had successfully predicted 10 out of 10 movements. The top performing prediction from this package was EVR with a return of 102.5%. Further notable returns came from CMA and RJF at 100.5% and 83.21%, respectively. The package saw an overall yield of 77.01% versus the S&P 500’s return of 28.01% implying a market premium of 49.00%.

Evercore Partners Inc (EVR). operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers advisory services on mergers, acquisitions, divestitures, leveraged buyouts, and other strategic corporate transactions; capital markets advice relating to debt and equity securities; and services related to securities underwriting, private fund placement services, and commissions for agency-based equity trading services and equity research. This segment also raises funds for financial sponsors; and provides restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers. The Investment Management segment manages financial assets for institutional investors; provides independent fiduciary services to corporate employee benefit plans, as well as wealth management services for high net-worth individuals; and manages private equity funds. The company was founded in 1996 and is headquartered in New York, New York.

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.