Coronavirus Stock Market Opportunities Based on Algo Trading: Returns up to 6.02% in 3 Days

Coronavirus Stock Market Opportunities

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: 3 Days (3/5/21 – 3/8/21)
I Know First Average: 2.41%
Coronavirus Stock Market Opportunities
Coronavirus Stock Market Opportunities chart

8 out of 10 stock prices in this forecast for the Coronavirus Stock Market Forecast Package moved as predicted by the algorithm. STL was our best stock pick this week a return of 6.02%. Further notable returns came from AXP and GE at 5.32% and 4.42%, respectively. The package had an overall average return of 2.41%, providing investors with a 1.01% premium over the S&P 500’s return of 1.4% during the period.

Sterling Bancorp (STL) operates as the bank holding company for Sterling National Bank that provides various banking services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, such as savings deposits, demand deposits, certificates of deposit, money market deposits, senior notes, and other borrowings. Its loan portfolio includes commercial mortgages, residential mortgages, and other consumer loans; payroll finance, warehouse, factored receivables, and equipment finance lending; commercial and industrial loans; commercial real estate and multi-family loans; and acquisition, development, and construction loans. The company also offers wealth management products.

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.