Best Robinhood Stocks Based on Algorithmic Trading: Returns up to 36.56% 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 (7/8/22 – 8/9/22)
I Know First Average: 17.22%
Best Robinhood Stocks
Best Robinhood Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Robinhood Trades Package for this 1 Month forecast. The top-performing prediction in this forecast was DKNG, which registered a return of 36.56%. PLUG and FUBO also performed well for this time horizon with returns of 28.89% and 27.02%, respectively. The package saw an overall yield of 17.22% versus the S&P 500’s return of 5.63% implying a market premium of 11.59%.

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.