Best Dividend Stocks Based on Big Data Analytics: Returns up to 37.21% in 1 Month
Best Dividend Stocks
This forecast is part of the Dividends Package, as one of I Know First’s quantitative investment solutions. We determine the best stocks carrying a dividend by screening our database daily using our advanced algorithm. The full Dividends Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:
- Top 10 Dividend stocks for the long position
- Top 10 Dividend stocks for the short position
Package Name: Dividend Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (10/18/24 – 11/18/24)
I Know First Average: 9.05%
Several predictions in this 1 Month forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The prediction with the highest return was USLM, at 37.21%. PEGA and OMF followed with returns of 16.2% and 15.29% for the 1 Month period. The overall average return in this Dividend Stocks Forecast package was 9.05%, providing investors with a 8.16% premium over the S&P 500’s return of 0.89% 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.