Best Automotive Stocks Based on Deep-Learning: Returns up to 14.51% in 1 Month
Best Automotive Stocks
This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry (see Automotive Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to trade:
- Top 10 Automotive stocks for the long position
- Top 10 Automotive stocks for the short position
Package Name: Automotive Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Month (12/25/22 – 1/25/23)
I Know First Average: 9.97%
10 out of 10 stock prices in this forecast for the Automotive Stock Forecast Package moved as predicted by the algorithm. MOD was the highest-earning trade with a return of 14.51% in 1 Month. Additional high returns came from OSK and GPI, at 13.06% and 12.91% respectively. This algorithmic forecast package presented an overall return of 9.97% versus the S&P 500’s performance of 4.46% providing a market premium of 5.51%.
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.