Energy Stocks Based on Data Mining: Returns up to 129.56% in 1 Year
Energy Stocks
The Energy Stocks Package is based on the I Know First algorithm and is designed for investors and analysts who need recommendations for the best performing stocks for the whole Energy Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy and sell:
- Top 10 Energy stocks for the long position
- Top 10 Energy stocks for the short position
Package Name: Energy Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Year (6/4/21 – 6/5/22)
I Know First Average: 46.81%
The package had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was MRO with a return of 129.56%. CLR and PDCE saw outstanding returns of 95.75% and 83.18%. The package had an overall average return of 46.81%, providing investors with a premium of 48.82% over the S&P 500’s return of -2.01% 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.