Best Insurance Stocks Based on Algo Trading: Returns up to 5.62% in 3 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: 3 Days (10/18/2019 – 10/21/2019)
I Know First Average: 1.9%
Best Insurance Stocks
Best Insurance Stocks chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Insurance Companies Forecast Package for this 3 Days forecast. The prediction with the highest return was PUK, at 5.62%. Further notable returns came from LNC and MTG at 3.19% and 2.46%, respectively. This algorithmic forecast package presented an overall return of 1.9% versus S&P 500’s performance of 0.29% providing a market premium of 1.61%.

Prudential plc, together with its subsidiaries, provides a range of retail financial products and services, and asset management services to individuals and businesses primarily in Asia, the United States, and the United Kingdom. It offers health, disability, critical illness, and accident coverage products; and life insurance products, as well as pension products and annuities. The company also provides long-term savings and retirement products to retail and institutional customers, as well as fixed annuities, variable annuities, and institutional products, including guaranteed investment contracts, funding agreements, and medium-term note funding agreements. Prudential plc was founded in 1848 and is headquartered in London, the United Kingdom.

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.