Coronavirus Stock Market Forecast Based on Big Data: Returns up to 9.24% in 7 Days

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: 7 Days (8/17/21 – 8/24/21)
I Know First Average: 2.33%
Coronavirus Stock Market Forecast
Coronavirus Stock Market Forecast chart

During the 7 Days forecasted period several picks in the Coronavirus Stock Market Forecast Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. NVDA was the highest-earning trade with a return of 9.24% in 7 Days. Additional high returns came from BTC/EUR and SHOP, at 7.79% and 3.33% respectively. This algorithmic forecast package presented an overall return of 2.33% versus S&P 500’s performance of 0.15% providing a market premium of 2.18%.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.