Chemicals Stocks Based on Artificial Intelligence: Returns up to 7.53% in 7 Days

Chemicals Stocks

This Chemicals Stocks forecast is designed for investors and analysts who need predictions of the best chemical stocks to buy for the whole Chemistry Industry (see Chemicals Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best chemical stocks to buy:

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

Chemical Stock Forecast
Package Name: Chemicals Stocks
Recommended Positions: Long
Forecast Length: 7 Days (06/05/2019 – 06/12/2019)
I Know First Average: 3.17%
Chemicals Stocks

The algorithm correctly predicted 8 out 10 of the suggested trades in the Chemicals Stocks Package for this 7 Days forecast. CBT was the highest-earning trade with a return of 7.53% in 7 Days. Additional high returns came from IFF and KRO, at 5.68% and 5.59% respectively. The package had an overall average return of 3.17%, providing investors with a 0.44% premium over the S&P 500’s return of 2.73% during the period.

Cabot Corporation (CBT) operates as a specialty chemicals and performance materials company. The company offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods. It also designs, manufactures, and sells specialty grades of carbon black and thermoplastic concentrates and compounds; and fumed silica, fumed alumina, and dispersions for automotive, construction and infrastructure, and microelectronics and consumer products sectors. In addition, the company manufactures and sells inkjet colorants to the inkjet printing market; and aerogel, a hydrophobic, silica-based particle for use in various thermal insulation and specialty chemical applications. Further, it offers elastomer composite products that are compounds of carbon black and natural latex rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature oil and gas well construction. Additionally, Cabot Corporation (CBT) produces and markets activated carbon product used for the purification of water, air, food and beverages, pharmaceuticals, and other liquids and gases; as a chemical carrier; and as a colorant or a decolorizing agent. The company sells its products primarily through distributors and sales representatives in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cabot Corporation (CBT) was founded in 1882 and is headquartered in Boston, Massachusetts.

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.

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