Coronavirus Stock Market Opportunities Based on Algo Trading: Returns up to 9.71% 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 (8/7/2020 – 8/10/2020)
I Know First Average: 2.56%
Coronavirus Stock Market Opportunities
Coronavirus Stock Market Opportunities chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Coronavirus Stock Market Forecast Package for this 3 Days forecast. UPS was our best stock pick this week a return of 9.71%. AAL and NVAX followed with returns of 7.36% and 6.57% for the 3 Days period. The package had an overall average return of 2.56%, providing investors with a premium of 2.22% over the S&P 500’s return of 0.34% during the same period.

United Parcel Service, Inc. (UPS), a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, the Asia Pacific, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. It offers guaranteed time-definite express options, including Express Plus, Express, and Express Saver. The Supply Chain & Freight segment offers international air and ocean freight forwarding, customs brokerage, truckload freight brokerage, distribution and post-sales services, and mail and consulting services in approximately 220 countries and territories; and less-than-truckload and truckload services to customers in North America. The company also offers shipping, visibility, and billing technologies; and insurance, financing, and payment services. It operates a fleet of approximately 110,000 package cars, vans, tractors, and motorcycles; and owns 33,000 containers used to transport cargo in its aircraft. United Parcel Service, Inc. (UPS) was founded in 1907 and is headquartered in Atlanta, Georgia.

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.