Best Insurance Stocks Based on Big Data Analytics: Returns up to 10.17% in 1 Month
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
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 1 Month (8/18/24 – 9/18/24)
I Know First Average: 5.13%
9 out of 10 stock prices in this forecast for the Insurance Companies Forecast Package moved as predicted by the algorithm. The top performing prediction from this package was UVE with a return of 10.17%. Additional high returns came from RNR and FNF, at 9.3% and 7.09% respectively. The package’s overall average return was 5.13%, providing investors with a 3.98% premium over the S&P 500’s return of 1.15% during the same 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.