Coronavirus Stock Market Forecast Based on a Self-learning Algorithm: Returns up to 32.97% in 1 Month

Coronavirus Stock Market Forecast

This Coronavirus Stock Market Forecast identifies the most affected stocks in negative way while also highlighting the opportunities arising in the stock market during these extraordinary market situation. The package covers the assets that may be affected by the coronavirus with the biggest financial exposures and it includes assets such as gold and relevant commodities, biotech companies’ stocks, pharmaceutical companies’ stocks, semiconductors and technological sectors stocks and more.

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

Package Name: Coronavirus Stock Market Forecast
Recommended Positions: Long
Forecast Length: 1 Month (5/9/22 – 6/9/22)
I Know First Average: 2.31%
Coronavirus Stock Market Forecast
Coronavirus Stock Market Forecast chart

For this 1 Month forecast the algorithm had successfully predicted 6 out of 10 movements. STNG was the top performing prediction with a return of 32.97%. MPC and TSE followed with returns of 16.1% and 4.01% for the 1 Month period. The overall average return in this Coronavirus Stock Market Forecast package was 2.31%, providing investors with a 4.87% premium over the S&P 500’s return of -2.56% during the same period.

Scorpio Tankers Inc. (STNG), together with its subsidiaries, engages in the seaborne transportation of refined petroleum products and crude oil worldwide. As of March 17, 2016, it owned 78 tankers comprising 18 LR2 tankers, 14 Handymax tankers, and 46 MR tankers with an average age of approximately 1.5 years; and 11 time chartered-in tankers, including 3 LR2, 1 LR1, 4 MR, and 3 Handymax tankers. The company was founded in 2009 and is based in Monaco.

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.