Best Robinhood Stocks Based on Data Mining: Returns up to 41.46% in 7 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: 7 Days (8/10/22 – 8/17/22)
I Know First Average: 11.23%
Best Robinhood Stocks
Best Robinhood Stocks chart

The algorithm correctly predicted 7 out of 10 the suggested trades in the Robinhood Trades Package for this 7 Days forecast. CGC was the highest-earning trade with a return of 41.46% in 7 Days. HEXO and PTON also performed well for this time horizon with returns of 23.07% and 16.68%, respectively. The package had an overall average return of 11.23%, providing investors with a premium of 7.55% over the S&P 500’s return of 3.68% during the same period.

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.