Chemical Stocks Based on Data Mining: Returns up to 30.28% in 3 Months

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 (2/8/24 – 5/8/24)
I Know First Average: 8.14%
Chemical Stocks
Chemical Stocks chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm has correctly predicted 7 out of 10 stock movements. CBT was the highest-earning trade with a return of 30.28% in 3 Months. The suggested trades for IFF and MTX also had notable 3 Months yields of 18.08% and 15.31%, respectively. This algorithmic forecast package presented an overall return of 8.14% versus the S&P 500’s performance of 3.86% providing a market premium of 4.28%.

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.