Best Robinhood Stocks Based on Stock Algorithm: Returns up to 13.16% in 7 Days

January 19, 2023

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 (1/11/23 – 1/18/23)
I Know First Average: 6.28%
Best Robinhood Stocks
Best Robinhood Stocks chart

During the 7 Days forecasted period several picks in the Robinhood Trades Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. PTON was the highest-earning trade with a return of 13.16% in 7 Days. Further notable returns came from PLUG and BLNK at 11.71% and 10.23%, respectively. The overall average return in this Robinhood Trades package was 6.28%, providing investors with a 6.03% premium over the S&P 500’s return of 0.25% 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.

Robinhood Trades