Chemical Stocks Based on a Self-learning Algorithm: Returns up to 14.06% in 14 Days

Chemical Stocks

This Chemicals Stocks forecast is designed for investors and analysts who need predictions of the best chemical stocks to buy for the whole Chemistry Industry (see Chemicals Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best chemical stocks to buy:

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

Chemical Stock Forecast
Package Name: Chemicals Stocks
Recommended Positions: Long
Forecast Length: 14 Days (5/6/24 – 5/20/24)
I Know First Average: 6.14%
Chemical Stocks
Chemical Stocks chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the Chemicals Stocks Package for this 14 Days forecast. The top performing prediction from this package was IFF with a return of 14.06%. Other notable stocks were MTX and APD with a return of 8.28% and 8.27%. The package itself saw an overall return of 6.14%, providing investors with a 2.62% premium above the S&P 500’s return of 3.52% 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.