Buy And Hold Based on Algorithmic Trading: Returns up to 11.45% in 7 days

Buy And Hold

This forecast is part of MSCI Stocks Universe Package and it is designed for investors and analysts who need buy and hold predictions for MSCI ACWI stocks currently trading on Western stock markets, such as Germany, France and the USA. This forecast is part of the MSCI Western Stocks Subpackage, one of I Know First’s algorithmic trading tools. The MSCI Stocks Universe is based on MSCI ACWI Index (part of the Modern Index Strategy) and captures all sources of equity returns in 23 developed and 24 emerging markets.

  • Top 10 MSCI Western stocks for the long position
  • Top 10 MSCI Western stocks for the short position

Package Name: MSCI Stocks Universe – Western Markets
Recommended Positions: Long
Forecast Length: 7 days (7/17/2019 – 7/24/2019)
I Know First Average: 4.66%
Buy And Hold
Buy And Hold chart

For this 7 days forecast the algorithm had successfully predicted 7 out of 10 movements. MU was our best stock pick this week a return of 11.45%. STM.MI and ABX.TO saw outstanding returns of 10.63% and 8.51%. The package itself saw an overall return of 4.66%, providing investors with a 8.52% premium above the S&P 500’s return of -3.86% for the same time period.

Micron Technology, Inc. (MU) through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules. It is a part of the Semiconductor Devices industry.

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.