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

Package Name: Chemicals Stocks
Recommended Positions: Long
Forecast Length: 7 Days (12/18/2019 – 12/25/2019)
I Know First Average: 4.02%

During the 7 Days forecasted period several picks in the Chemicals Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The highest trade return came from POL, at 14.12%. FTK and REGI also performed well for this time horizon with returns of 8.9% and 7.9%, respectively. The package had an overall average return of 4.02%, providing investors with a premium of 3.05% over the S&P 500’s return of 0.97% during the same period.

PolyOne Corporation (POL) provides specialized polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions, and polymer distribution. It’s Color, Additives and Inks segment provides specialized color and additive concentrates in solid and liquid for thermoplastics; and dispersions for thermosets, as well as specialty inks, plastisols, and vinyl slush molding solutions. The company’s Specialty Engineered Materials segment offers specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It’s Designed Structures and Solutions segment provides various solutions in engineered polymer structures, rigid barrier packaging, and specialty cast acrylics to produce portfolio of sheets, custom rollstock and specialty films, laminates, and acrylic solutions. This segment also offers stock and custom packaging solutions for various industry processes that are used in the food, medical, and consumer markets. The company’s Performance Products and Solutions segment provides vinyl molding and extrusion processors to various manufacturers of plastic parts and consumer-oriented products. This segment also offers materials testing and component analysis, custom formulation development, colorant and additive, part design assistance, structural analysis, process simulations, mold design and flow analysis, and extruder screw design services, as well as contract manufacturing services and outsourced polymer manufacturing services to resin producers and polymer marketers. The company’s PolyOne Distribution segment distributes approximately 3,500 grades of engineering and commodity grade resins to custom injection molders and extruders. PolyOne Corporation (POL) sells its products worldwide through direct sales personnel, sales agents, and distributors. The company was founded in 1927 and is headquartered in Avon Lake, 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.