Best Hedge Fund Stocks Based on Algorithmic Trading: Returns up to 41.8% in 3 Days
Best Hedge Fund Stocks
This Hedge Fund Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks according to I Know First’s stock market algorithm. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to long and short based on artificial intelligence trading strategies:
- Top 10 Hedge Fund stocks for the long position
- Top 10 Hedge Fund stocks for the short position
Package Name: Hedge Fund Stocks
Recommended Positions: Long
Forecast Length: 3 Days (11/17/23 – 11/20/23)
I Know First Average: 9.87%
There were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. The top performing prediction from this package was HRTX with a return of 41.8%. SAVE and TGTX also performed well for this time horizon with returns of 27.01% and 13.85%, respectively. The package had an overall average return of 9.87%, providing investors with a premium of 9.00% over the S&P 500’s return of 0.87% 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.