Best Hedge Fund Stocks Based on Pattern Recognition: Returns up to 9.01% 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 (10/11/24 – 10/14/24)
I Know First Average: 2.95%
Several predictions in this 3 Days forecast saw significant returns. The algorithm has correctly predicted 7 out of 10 stock movements. The top-performing prediction in this forecast was UBER, which registered a return of 9.01%. ELF and TGI followed with returns of 7.42% and 4.89% for the 3 Days period. The package saw an overall yield of 2.95% versus the S&P 500’s return of 1.38% implying a market premium of 1.57%.
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.