Best Defensive Stocks Based on Artificial Intelligence: Returns up to 1.29% in 1 Month

Best Defensive Stocks

This Conservative Stock forecast is part of the Risk-Conscious Package, as one of I Know First’s quantitative investment solutions. We determine our best defensive stocks by screening our database daily for lower volatility stocks that are less risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories:

  • Top 10 Conservative stocks for the long position
  • Top 10 Conservative stocks for the short position
  • Top 10 Aggressive stocks for the long position
  • Top 10 Aggressive stocks for the short position

Risk Conscious stocks
Package Name: Risk-Conscious – Conservative Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Month (04/26/2019 – 05/26/2019)
I Know First Average: 0.70%
Best Defensive Stocks

This Risk-Conscious – Conservative Stock Forecast Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was ITM with a return of 1.29%. PZA, and BNDX had notable returns of 1.21% and 0.90%. The package’s overall average return was 0.70%, providing investors with a 4.12% premium over the S&P 500’s return of -3.42% during the same period.

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free Intermediate Continuous Municipal Index. The fund normally invests at least 80% of its total assets in fixed income securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated intermediate term tax-exempt bond market.

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.