Best Bank Stocks Based on Machine Learning: Returns up to 106.58% in 1 Year

Best Bank Stocks

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 Year (01/06/2016 – 01/06/2017)
I Know First Average: 42.87%
Best Bank Stocks

The algorithm correctly predicted 10 out 10 of the suggested trades in the Bank Stocks Package for this 1 Year forecast. ITUB was the highest-earning trade with a return of 106.58% in 1 Year. Additional high returns came from MBTF and PFBC, at 73.72% and 59.99% respectively. The package had an overall average return of 42.87%, providing investors with a 29.96% premium over the S&P 500’s return of 12.91% during the period.

Itaú Unibanco Holding S.A. (ITUB), provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation.

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.