Indian Stocks Valuation Based on Artificial Intelligence: Returns up to 21.56% in 1 Month

Indian Stocks Valuation

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 (02/24/2019 – 03/24/2019)
I Know First Average: 8.86%
Indian Stocks Valuation

During the 1 Month forecasted period several picks in the By Country – Indian Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was NBCC.NS, at 21.56%. Further notable returns came from SUZL.NS and YESB.NS at 16.52% and 13.78%, respectively. The package had an overall average return of 8.86%, providing investors with a 2.47% premium over the S&P BSE’s return of 6.39% during the period.

NBCC (India) Limited, formerly National Buildings Construction Corporation Ltd., provides civil engineering construction services. The Company operates through three segments: Project Management Consultancy (PMC), Real Estate Development, and Engineering, Procurement and Construction (EPC). The PMC segment offers management and consultancy services for civil construction projects, including residential and commercial complexes, re-development of government colonies, education and medical institutions, infrastructure project roads, water supply systems, storm water systems and water storage solutions. The Real Estate Development segment focuses on residential and commercial projects, such as corporate office buildings and commercial complexes. The EPC Contracting segment covers chimneys, cooling towers, roads, border fencing, water and sewage treatment plants, and solid waste management systems. The Company provides services from concept to commissioning.

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.