Best Robinhood Stocks Based on Algo Trading: Returns up to 35.75% in 3 Days

Best Robinhood Stocks

This forecast is part of the Robinhood Trades Package, one of I Know First’s algorithmic trading tools. The full investment universe includes the most traded stocks by Robinhood stock trading platform users. Based on it, I Know First AI Algorithm identifies the most promising stocks and produces forecasts that include:

  • Top 10 stocks from Robinhood Trades for the long position
  • Top 10 stocks from Robinhood Trades for the short position

Robinhood Trades Forecast
Package Name: Robinhood Trades
Recommended Positions: Long
Forecast Length: 3 Days (11/6/2020 – 11/9/2020)
I Know First Average: 14.81%
Best Robinhood Stocks
Best Robinhood Stocks chart

10 out of 10 stock prices in this forecast for the Robinhood Trades Package moved as predicted by the algorithm. CCL was the top performing prediction with a return of 35.75%. Additional high returns came from RCL and GUSH, at 25.36% and 23.89% respectively. The package had an overall average return of 14.81%, providing investors with a 13.67% premium over the S&P 500’s return of 1.14% during the period.

Carnival Corporation (CCL) operates as a leisure travel and cruise company in North America, Europe, Australia, and Asia. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O; Cruises (UK), Cunard, and P&O; Cruises (Australia) brands in Europe, Australia, and Asia. The company operates 99 cruise ships. It also owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, which owns and operates 11 hotels or lodges, approximately 300 motor coaches, and 20 glass-domed railcars. In addition, the company is involved in the leasing of cruise ships. It sells its cruises primarily through travel agents and tour operators. Carnival Corporation (CCL) was incorporated in 1972 and is headquartered in Miami, Florida. Carnival Corporation (CCL) operates as a subsidiary of Carnival Corporation & Plc.

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.