Stock Pickers Based on a Self-learning Algorithm: Returns up to 24.37% in 7 Days

Stock Pickers

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: 7 Days (03/04/2019 – 03/11/2019)
I Know First Average: 9.24%
Stock Pickers

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. SUZL.NS was the top performing prediction with a return of 24.37%. JKIP.NS and MEGH.NS saw outstanding returns of 18.97% and 15.82%. The package had an overall average return of 9.24%, providing investors with a 6.49% premium over the S&P BSE’s return of 2.75% during the period.

Suzlon Energy Limited is a provider of renewable energy solutions. The Company is a producer of wind turbines. It offers a range of solar energy solutions, such as solar irradiance assessment, land acquisition and approvals, infrastructure and power evacuation, supply chain, installation and commission and life cycle asset management. It offers S97, S111 and classic feet. Its S97 is a wind turbine generator designed to make low wind sites viable. The S97 is available in two variants: S97 90 meter (m) and S97 120m. Its S111 is suitable for class III sites and a range of altitudes and temperatures. The S111 is available in two variants: S111 90m and S111 120m. Its S88-2.1 megawatt (MW) is designed for a medium wind speed regime. Its S82-1.5 MW and S66-1.25 MW are designed for generating optimal power output even at sites with a wind speed regime. Its manufacturing facilities for wind turbine generator components and rotor blades are located in India, Brazil and the United States.

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.