Equity Research Based on Stock Prediction Algorithm: Returns up to 16.97% in 1 Month

Equity Research

Top Performing Indian Stocks: This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: By Country – Indian Stocks
Recommended Positions: Long
Forecast Length: 1 Month (07/15/2018 – 08/15/2018)
I Know First Average: 6.81%
Equity Research

In this 1 Month forecast for the By Country – Indian Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top-performing prediction in this forecast was PAGE.NS, which registered a return of 16.97%. Other notable stocks were BJFN.NS and AJPH.NS with a return of 14.65% and 13.74%. The package had an overall average return of 6.81%, providing investors with a premium of 6.20% over the S&P 500’s return of 0.61% during the same period.

Page Industries Limited is engaged in the business of manufacturing and trading of garments. The Company offers knitted garments. The Company offers a range of products for men, women and children. The Company is engaged in the manufacturing, distribution and marketing of Jockey products. The Company holds license of SPEEDO, an international brand for swim wear. The Jockey brand is available in over 1400 cities and towns. The Company’s Jockey brand products are sold through exclusive brand outlets (EBO), large format stores (LFS), multi brand outlets (MBO), traditional hosiery stores and multi-purpose stores spread across India. The Company has approximately four EBOs in the United Arab Emirates and over one EBO in Sri Lanka. The SPEEDO brand is available in approximately 1060 stores, including over 150 LFS across approximately 110 cities and over nine EBOs. It operates its own online store www.jockeyindia.com. Its plants are located in Bangalore, Hassan and Mysore, among others.

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.