Best Robinhood Stocks Based on Stock Prediction Algorithm: Returns up to 45.86% 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
Package Name: Robinhood Trades
Recommended Positions: Long
Forecast Length: 1 Month (10/18/24 – 11/18/24)
I Know First Average: 20.18%
During the 1 Month forecasted period several picks in the Robinhood Trades Package saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. The highest trade return came from PLTR, at 45.86%. Other notable stocks were PTON and SQ with a return of 43.83% and 23.22%. The Robinhood Trades package had an overall average return of 20.18%, providing investors with a premium of 19.29% over the S&P 500’s return of 0.89%.
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.