Chemical Stocks Based on Deep-Learning: Returns up to 23.57% in 1 Month

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: 1 Month (11/3/2019 – 12/4/2019)
I Know First Average: 3.85%
Chemical Stocks
Chemical Stocks chart

7 out of 10 stock prices in this forecast for the Chemicals Stocks Package moved as predicted by the algorithm. The greatest return came from FOE at 23.57%. Other notable stocks were GPRE and REX with a return of 16.38% and 8.44%. The package itself saw an overall return of 3.85%, providing investors with a 2.36% premium above the S&P 500’s return of 1.49% for the same time period.

Ferro Corporation (FOE), together with its subsidiaries, produces specialty materials in the United States and internationally. It operates through four business units: Tile Coating Systems; Porcelain Enamel; Performance Colors and Glass; and Pigments, Powders and Oxides. The company’s products include frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, specialty dielectrics, electronic glasses, and other specialty coatings. Its products are used in appliances, automobiles, building and renovation, electronics, household furnishings, industrial products, and packaging. The company markets and sells its products to manufacturers of ceramic tile, major appliances, construction materials, automobile parts, automobile, architectural and container glass, and electronic components and devices, as well as through agents and distributors. Ferro Corporation (FOE) was founded in 1919 and is headquartered in Mayfield Heights, Ohio.

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.