Defensive Stocks Based on Predictive Analytics: Returns up to 4.49% in 14 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
Package Name: Conservative Stock Forecast
Recommended Positions: Long
Forecast Length: 14 Days (7/21/2020 – 8/4/2020)
I Know First Average: 2.32%
10 out of 10 stock prices in this forecast for the Conservative Stock Forecast Package moved as predicted by the algorithm. JHS was the top performing prediction with a return of 4.49%. VZ and MUI followed with returns of 3.65% and 3.5% for the 14 Days period. With these notable trade returns, the package itself registered an average return of 2.32% compared to the S&P 500’s return of 1.68% for 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.