Best Long Term Stocks Based on Artificial Neural Networks: Up to 82.82% Return in 1 Year
Best Long Term Stocks
- top ten aggressive stocks picks that best fit for long position
- top ten aggressive stocks picks that best fit for short position
- top ten conservative stocks picks that best fit for long position
- top ten conservative stocks picks that best fit for short position
Package Name: Risk-Conscious
Forecast Length: 1 year (10/24/2014 – 10/24/2015)
I Know First Average: 30.67% (long) & 29.52% (short)
The Risk-Conscious forecast from 10/24/14 included the top 10 stocks for both the long and short positions. The most impressive stock for the long position was NFLX with a return of 82.82%. Other top performing stocks from the forecast were WETF and ALU with solid returns of 66.32% and 43.58%. For the short position, the top performing stock was NBG which decreased 68.39% as the algorithm correctly predicted. The average return for the long position was 30.67%, while the average return for the short position was 29.52%. These average returns significantly outperformed the S&P 500 return of 6.37% during the same time horizon.
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 algorithmic traders.
