Best Robinhood Stocks Based on Pattern Recognition: Returns up to 30.06% 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 (10/16/2020 – 11/17/2020)
I Know First Average: 13.27%
Best Robinhood Stocks
Best Robinhood Stocks chart

During the 1 Month forecasted period several picks in the Robinhood Trades Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The top performing prediction from this package was GUSH with a return of 30.06%. GM, and MFA had notable returns of 27.3% and 21.77%. The package’s overall average return was 13.27%, providing investors with a 9.65% premium over the S&P 500’s return of 3.62% 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.