Bank Stocks To Buy Based on Data Mining: Returns up to 17.41% in 1 Month

Bank Stocks To Buy

This forecast is designed for investors and analysts who need predictions of Bank Stocks (see Bank Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best bank stocks to trade:

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

Bank Stock Forecast
Package Name: Bank Stocks
Recommended Positions: Long
Forecast Length: 1 Month (04/03/2019 – 05/03/2019)
I Know First Average: 6.87%
Bank Stocks To Buy

During the 1 Month forecasted period several picks in the Bank Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The prediction with the highest return was VRTS, at 17.41%. Further notable returns came from TREE and EBSB at 10.97% and 9.17%, respectively. The Bank Stocks package had an overall average return of 6.87%, providing investors with a premium of 4.14% over the S&P 500’s return of 2.73%.

Virtus Investment Partners, Inc. (Virtus), incorporated on October 1, 2008, is a provider of investment management and related services to individuals and institutions. The Company provides investment management and related services to individuals and institutions throughout the United States. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts. Its open-end mutual funds are distributed through intermediaries. Its closed-end funds trade on the New York Stock Exchange. Its variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. Separately managed accounts consists of intermediary programs, sponsored and distributed by unaffiliated brokerage firms, and private client accounts, which are offered to the high net-worth clients of its affiliated managers.

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.