Best Bank Stocks Based on Machine Learning: Returns up to 35.76% in 1 Month

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

Bank Stock Forecast
Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Month (7/2/23 – 8/2/23)
I Know First Average: 8.36%
Best Bank Stocks
Best Bank Stocks chart

In this 1 Month forecast for the Bank Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. CUBI was the highest-earning trade with a return of 35.76% in 1 Month. MVBF and WD also performed well for this time horizon with returns of 23.34% and 13.45%, respectively. This algorithmic forecast package presented an overall return of 8.36% versus the S&P 500’s performance of 1.42% providing a market premium of 6.94%.

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.