Best Bank Stocks Based on Pattern Recognition: Returns up to 32.64% 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
Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Months (6/24/24 – 9/24/24)
I Know First Average: 15.09%
During the 3 Months forecasted period several picks in the Bank Stock Forecast Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The top-performing prediction in this forecast was EVR, which registered a return of 32.64%. Other notable stocks were JLL and BX with a return of 29.12% and 26.93%. The package itself saw an overall return of 15.09%, providing investors with a 10.18% premium above the S&P 500’s return of 4.91% for the same time 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.