Best Basic Materials Stocks Based on Genetic Algorithms: Returns up to 28.20% in 3 Months

Best Basic Materials Stocks

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 40 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

  • Top 20 Basic Industry stocks for the long position
  • Top 20 Basic Industry stocks for the short position

Stock Market Prediction Algorithm
Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 3 Months (02/13/2019 – 05/13/2019)
I Know First Average: 2.68%
Best Basic Materials Stocks

The algorithm correctly predicted 14 out 20 of the suggested trades in the Basic Industry Stocks Package for this 3 Months forecast. SID was the highest-earning trade with a return of 28.20% in 3 Months. Additional high returns came from NVR and EXP, at 20.73% and 16.92% respectively. The package had an overall average return of 2.68%, providing investors with a 0.23% premium over the S&P 500’s return of 2.45% during the period.

Companhia Siderúrgica Nacional ADR  (SID)  operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

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 20 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.