Best Insurance Stocks Based on Data Mining: Returns up to 3.78% 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

Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 3 Days (10/30/2020 – 11/2/2020)
I Know First Average: 1.47%
Best Insurance Stocks
Best Insurance Stocks chart

The algorithm correctly predicted 7 out 10 of the suggested trades in the Insurance Companies Forecast Package for this 3 Days forecast. The top-performing prediction in this forecast was AIZ, which registered a return of 3.78%. AIG and AFG saw outstanding returns of 3.71% and 3.62%. The package had an overall average return of 1.47%, providing investors with a 1.47% premium over the S&P 500’s return of 0.0% during the period.

Assurant, Inc. (AIZ), through its subsidiaries, provides risk management solutions worldwide. It operates through Assurant Solutions and Assurant Specialty Property segments. The company offers mobile device protection and related services; vehicle protection; pre-funded funeral insurance; credit insurance; renters insurance; lender-placed homeowners insurance; mortgage valuation and field services; and manufactured housing insurance. It also provides title and valuation services for home equity lenders. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. (AIZ) in February 2004. Assurant, Inc. (AIZ) was founded in 1969 and is headquartered in New York, New York.

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.