Quant Trading Based on Big Data: Returns up to 10.34% in 7 Days

Quant Trading

The Insurance Companies Package is designed for investors and analysts who need stock advice for the best-performing stocks in the Insurance Company Industry. It includes 20 stocks with bullish and bearish signals and indicates the best insurance companies’ stocks to trade:

  • Top 10 Insurance Company stocks for the long position
  • Top 10 Insurance Company stocks for the short position

Package Name: Insurance Companies
Recommended Positions: Long
Forecast Length: 7 Days (11/05/2018 – 11/12/2018)
I Know First Average: 2.04%
Quant Trading

I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this Insurance Companies Package for the 7 Days time period. The greatest return came from GNW at 10.34%. CNA and AON also performed well for this time horizon with returns of 8.98% and 4.30%, respectively. The package itself saw an overall return of 2.04%, providing investors with a 1.92% premium above the S&P 500’s return of 0.12% for the same time period.

Genworth Financial, Inc.  (GNW) provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff.

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.