Buy And Hold Based on Algorithmic Trading: Returns up to 16.59% in 3 Days

Buy And Hold

This Buy And Hold forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry. It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

  • Top 10 Utilities stocks for the long position
  • Top 10 Utilities stocks for the short position

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 3 Days (11/15/22 – 11/18/22)
I Know First Average: 3.18%
Buy And Hold
Buy And Hold chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. The top performing prediction from this package was CDZI with a return of 16.59%. ATO and PNW had notable returns of 4.09% and 3.63%. The package itself saw an overall return of 3.18%, providing investors with a 2.98% premium above the S&P 500’s return of 0.2% for the same time 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.