Best Financial Stocks Based on Algorithmic Trading: Returns up to 16.13% in 14 Days

Best Financial 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 financial 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: 14 Days (06/23/2019 – 07/08/2019)
I Know First Average: 4.41%
Best Financial Stocks

In this 14 Days forecast for the Bank Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top-performing prediction in this forecast was OCN, which registered a return of 16.13%. Other notable stocks were OZM and STAR with a return of 12.64% and 7.96%. The package had an overall average return of 4.41%, providing investors with a premium of 3.55% over the S&P 500’s return of 0.86% during the same period.

Ocwen Financial Corp.  (OCN) is a provider of residential and commercial mortgage loan servicing, special servicing and asset management 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.