Best Dividend Stocks Based on Predictive Analytics: Returns up to 35.73% 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 – 11/19/24)
I Know First Average: 8.81%
During the 1 Month forecasted period several picks in the Dividend Stocks Forecast Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. USLM was the top performing prediction with a return of 35.73%. Other notable stocks were PEGA and OMF with a return of 16.79% and 14.18%. The package had an overall average return of 8.81%, providing investors with a premium of 7.52% over the S&P 500’s return of 1.29% 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.