Dividend Stocks Based on Algorithmic Trading: Returns up to 17.02% in 7 Days

October 27, 2022

Dividend Stocks

This forecast is part of the Dividends Package, as one of I Know First’s quantitative investment solutions. We determine the best stocks carrying a dividend by screening our database daily using our advanced algorithm. The full Dividends Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Dividend stocks for the long position
  • Top 10 Dividend stocks for the short position

dividend stocks
Package Name: Dividend Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (10/19/22 – 10/26/22)
I Know First Average: 4.63%
Dividend Stocks
Dividend Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Dividend Stocks Forecast Package for this 7 Days forecast. The top-performing prediction in this forecast was FCX, which registered a return of 17.02%. Additional high returns came from LOGI and GPS, at 12.88% and 6.49% respectively. This algorithmic forecast package presented an overall return of 4.63% versus the S&P 500’s performance of 2.97% providing a market premium of 1.66%.

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.

Dividend Stocks Forecast