Best Bank Stocks Based on Machine Learning: Returns up to 83.58% in 3 Months

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: 3 Months (9/22/20 – 12/22/20)
I Know First Average: 45.56%
Best Bank Stocks
Best Bank Stocks chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. The highest trade return came from TCBI, at 83.58%. Further notable returns came from IVZ and PEBK at 66.14% and 60.18%, respectively. The Bank Stock Forecast package had an overall average return of 45.56%, providing investors with a premium of 33.18% over the S&P 500’s return of 12.38%.

Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs. It offers business deposit products and services, including commercial checking accounts, lockbox accounts, and cash concentration accounts, as well as other treasury management services.

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.