Best Insurance Stocks Based on Algo Trading: Returns up to 7.35% 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 (3/10/24 – 3/13/24)
I Know First Average: 2.45%
Best Insurance Stocks
Best Insurance Stocks chart

During the 3 Days forecasted period several picks in the Insurance Companies Forecast Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The highest trade return came from RDN, at 7.35%. ING and RNR had notable returns of 4.62% and 2.76%. The package itself saw an overall return of 2.45%, providing investors with a 1.64% premium above the S&P 500’s return of 0.81% for the same time 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.