Best Insurance Stocks Based on a Self-learning Algorithm: Returns up to 9.7% in 7 Days

Best Insurance Stocks

The Insurance Companies Package is designed for investors and analysts who need stock advice for the best-performing stocks in the Insurance Company Industry. It includes 20 stocks with bullish and bearish signals and indicates the best insurance companies’ stocks to trade:

  • Top 10 Insurance Company stocks for the long position
  • Top 10 Insurance Company stocks for the short position

insurance
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 7 Days (10/28/20 – 11/4/20)
I Know First Average: 4.41%
Best Insurance Stocks
Best Insurance Stocks chart

In this 7 Days forecast for the Insurance Companies Forecast Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The prediction with the highest return was ANTM, at 9.7%. Other notable stocks were LNC and CB with a return of 7.79% and 7.73%. The package had an overall average return of 4.41%, providing investors with a premium of 2.85% over the S&P 500’s return of 1.56% during the same period.

Anthem, Inc. (ANTM), through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial and Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small employer, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, such as consumer-driven health plans; and hospital only and limited benefit products. The company also provides a range of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs, and other administrative services. In addition, it offers an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management, and analytics-driven personal health care guidance; and Medicare administrative services. Further, the company provides services to the federal government in connection with the federal Employee Program; and operates as a licensee of the Blue Cross and Blue Shield Association. As of October 26, 2016, it served 73 million medical members through its affiliated companies. The company was formerly known as WellPoint, Inc. and changed its name to Anthem, Inc. (ANTM) in December 2014. Anthem, Inc. (ANTM) was founded in 1944 and is headquartered in Indianapolis, Indiana.

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.