Best Financial Stocks Based on Algorithmic Trading: Returns up to 28.9% in 1 Month

Best Financial Stocks

This Best Financial Stocks 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 (12/30/22 – 1/31/23)
I Know First Average: 10.58%
Best Financial Stocks
Best Financial Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. SIVB was the top performing prediction with a return of 28.9%. The suggested trades for WD and EVR also had notable 1 Month yields of 20.64% and 17.3%, respectively. The Bank Stock Forecast package had an overall average return of 10.58%, providing investors with a premium of 4.67% over the S&P 500’s return of 5.91%.

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.