Best Stocks To Buy Based on Stock Market Algorithm: Returns up to 15.9% in 7 Days
Best Stocks To Buy
This Best Stocks To Buy forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 7 Days (9/11/24 – 9/18/24)
I Know First Average: 4.51%
For this 7 Days forecast the algorithm has successfully predicted 10 out of 10 movements. The top-performing prediction in this forecast was Z, which registered a return of 15.9%. Additional high returns came from SHOP and BOOT, at 10.34% and 4.5% respectively. With these notable trade returns, the package itself registered an average return of 4.51% compared to the S&P 500’s return of 2.23% for 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.