Best Bank Stocks Based on AI: Returns up to 75.47% in 1 Year
Best 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
Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Year (9/1/23 – 9/2/24)
I Know First Average: 33.88%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Bank Stock Forecast Package for the 1 Year time period. The greatest return came from EVR at 75.47%. MBIN and JLL saw outstanding returns of 57.18% and 47.7%. The package saw an overall yield of 33.88% versus the S&P 500’s return of 25.31% implying a market premium of 8.57%.
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.