Best Robinhood Stocks Based on Algorithmic Trading: Returns up to 26.07% in 1 Month

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: 1 Month (5/16/21 – 6/16/21)
I Know First Average: 6.55%
Best Robinhood Stocks
Best Robinhood Stocks chart

For this 1 Month forecast the algorithm had successfully predicted 8 out of 10 movements. GUSH was the highest-earning trade with a return of 26.07% in 1 Month. MRO and NCLH also performed well for this time horizon with returns of 15.76% and 10.85%, respectively. This algorithmic forecast package presented an overall return of 6.55% versus S&P 500’s performance of 1.19% providing a market premium of 5.36%.

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.