Best Financial Stocks Based on Algorithmic Trading: Returns up to 30.15% in 3 Months
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
Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Months (6/28/24 – 9/29/24)
I Know First Average: 13.18%
During the 3 Months forecasted period several picks in the Bank Stock Forecast Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The prediction with the highest return was JLL, at 30.15%. EVR and CASH also performed well for this time horizon with returns of 28.67% and 16.28%, respectively. With these notable trade returns, the package itself registered an average return of 13.18% compared to the S&P 500’s return of 4.66% for 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.