Best Hedge Fund Stocks Based on Stock Market Algorithm: Returns up to 84.72% in 1 Month
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: 1 Month (8/28/24 – 9/28/24)
I Know First Average: 16.15%
For this 1 Month forecast the algorithm has successfully predicted 9 out of 10 movements. GEVO was the top performing prediction with a return of 84.72%. VOXX and RDFN also performed well for this time horizon with returns of 35.8% and 11.4%, respectively. The package had an overall average return of 16.15%, providing investors with a 14.15% premium over the S&P 500’s return of 2.0% during the 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.