Defensive Stocks Based on Big Data Analytics : Returns up to 1.12% in 3 Days

Defensive Stocks

This Conservative Stock forecast is part of the Risk-Conscious Package, as one of I Know First’s quantitative investment solutions. We determine our best defensive stocks by screening our database daily for lower volatility stocks that are less risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories:

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

Risk Conscious stocks
Package Name: Conservative Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Days (8/2/2019 – 8/6/2019)
I Know First Average: 0.44%
Defensive Stocks
Defensive Stocks chart

The algorithm correctly predicted 7 out 10 of the suggested trades in the Conservative Stock Forecast Package for this 3 Days forecast. The top-performing prediction in this forecast was GOVT, which registered a return of 1.12%. Further notable returns came from SCHZ and AGG at 0.85% and 0.74%, respectively. The overall average return in this Conservative Stock Forecast package was 0.44%, providing investors with a 2.87% premium over the S&P 500’s return of -2.43% during the same period.

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.