AI Trading Based on Artificial Intelligence: Returns up to 41.42% in 3 Months

AI Trading

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

sp500
Package Name: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 3 Months (02/05/2019 – 05/05/2019)
I Know First Average: 14.68%
AI Trading

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this S&P 500 Companies Package for the 3 Months time period. The greatest return came from CDNS at 41.42%. LRCX and AVGO also performed well for this time horizon with returns of 19.99% and 16.02%, respectively. The package itself saw an overall return of 14.68%, providing investors with a 6.58% premium above the S&P 500’s return of 8.10% for the same time period.

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. It offers functional verification, including emulation and prototyping hardware. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

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.