Best Bank Stocks Based on Pattern Recognition: Returns up to 46.38% 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 (10/9/2020 – 11/9/2020)
I Know First Average: 23.02%
Best Bank Stocks
Best Bank Stocks chart

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 Month time period. The top-performing prediction in this forecast was CASH, which registered a return of 46.38%. TCBI, and BHLB had notable returns of 38.49% and 38.41%. The package itself saw an overall return of 23.02%, providing investors with a 20.01% premium above the S&P 500’s return of 3.01% for the same time period.

Meta Financial Group, Inc., incorporated on June 14, 1993, is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis. It operates in both the banking and payments industries through MetaBank, its retail banking operation; Meta Payment Systems (MPS), its electronic payments division; AFS/IBEX Financial Services Inc. (AFS/IBEX), its insurance premium financing division, and Refund Advantage, EPS Financial, LLC (EPS) Financial and Specialty Consumer Services, its tax-related financial solutions divisions. In addition to its community-oriented lending and deposit gathering activities, the Bank’s various divisions issue prepaid cards, design consumer credit products, sponsor automatic teller machines (ATMs) into various debit networks, and offer tax refund-transfer services and other payment industry products and 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.