Best Conservative Stocks Based on Machine Learning: Returns up to 0.56% in 3 Days
Best Conservative Stocks
This Conservative Stock forecast is part of the Risk-Conscious Package, as one of I Know First’s quantitative investment solutions. We determine our best conservative stocks by screening our database daily for lower volatility stocks that are less risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories:
- Top 10 Conservative stocks for the long position
- Top 10 Conservative stocks for the short position
- Top 10 Aggressive stocks for the long position
- Top 10 Aggressive stocks for the short position
Package Name: Conservative Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Days (7/14/21 – 7/17/21)
I Know First Average: 0.17%
The algorithm correctly predicted 8 out 10 of the suggested trades in the Conservative Stock Forecast Package for this 3 Days forecast. The top-performing prediction in this forecast was BOND, which registered a return of 0.56%. BNDW and BNDX followed with returns of 0.53% and 0.47% for the 3 Days period. The package had an overall average return of 0.17%, providing investors with a premium of 1.13% over the S&P 500’s return of -0.96% during the same 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.