Chemical Stocks Based on Algo Trading: Returns up to 23.22% in 3 Months

November 30, 2021

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: 3 Months (8/29/21 – 11/29/21)
I Know First Average: 10.77%
Chemical Stocks
Chemical Stocks chart

During the 3 Months forecasted period several picks in the Chemicals Stocks Package saw significant returns. The algorithm had correctly predicted 9 out of 10 returns. The top-performing prediction in this forecast was HUN, which registered a return of 23.22%. BCPC and OXY also performed well for this time horizon with returns of 17.68% and 17.15%, respectively. This algorithmic forecast package presented an overall return of 10.77% versus the S&P 500’s performance of 3.24% providing a market premium of 7.53%.

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.

Chemicals Stocks