Best Automotive Stocks Based on Genetic Algorithms: Returns up to 25.64% in 3 Months

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: 3 Months (8/20/21 – 11/21/21)
I Know First Average: 14.76%
Best Automotive Stocks
Best Automotive Stocks chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the Automotive Stock Forecast Package for this 3 Months forecast. WNC was the highest-earning trade with a return of 25.64% in 3 Months. The suggested trades for IR and MTOR also had notable 3 Months yields of 23.54% and 21.04%, respectively. The overall average return in this Automotive Stock Forecast package was 14.76%, providing investors with a 8.13% premium over the S&P 500’s return of 6.63% 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.