Automotive Stocks Based on Genetic Algorithms: Returns up to 25.40% in 3 Months

Automotive Stocks

This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry. It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to trade:

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

Package Name: Automotive Stocks
Recommended Positions: Long
Forecast Length: 3 Months (03/26/2019 – 06/26/2019)
I Know First Average: 9.50%
Automotive Stocks

For this 3 Months forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from GPI, at 25.40%. The suggested trades for WNC and MTOR also had notable 3 Months yields of 21.39% and 16.79%, respectively. The overall average return in this Automotive Stocks package was 9.50%, providing investors with a 5.38% premium over the S&P 500’s return of 4.12% during the same period.

Group 1 Automotive, Inc. (GPI), through its subsidiaries, operates in the automotive retail industry. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services.

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.