Financial Stocks Based on a Self-learning Algorithm: Returns up to 70.82% in 1 Year

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: 1 Year (06/29/2018 – 07/01/2019)
I Know First Average: 13.81%
Financial Stocks

7 out of 10 stock prices in this forecast for the Bank Stocks Package moved as predicted by the algorithm. OFG was our best stock pick this week a return of 70.82%. WRLD and MMC followed with returns of 46.94% and 23.01% for the 1 Year period. The package saw an overall yield of 13.81% versus the S&P 500’s return of 9.13% implying a market premium of 4.68%.

OFG Bancorp (OFG), a financial holding company, provides various banking and financial services primarily in Puerto Rico. It operates in three segments: Banking, Wealth Management, and Treasury.

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.