Stock Picking Algorithm Based on Self-Learning Algorithm: Up to 34.29% Return in 14 Days

Stock Picking Algorithm

This stock picking of Insurance Companies stock forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole insurance company industry. It includes 20 stocks with bullish and bearish signals and indicates the best Insurance Companies stocks to buy:

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

insurancePackage Name: Insurance Companies
Forecast Length: 14 Days (08/17/2016 – 08/31/2016)
I Know First Average: 6.13%

Stock Picking Algorithm

The I Know First predictive algorithm correctly predicted 8 out of 10 stocks in this package to increase in the long position for the 14-day time horizon starting on August 17th, 2016. The top performing stock was Genworth Financial, Inc. (GNW) returning 34.29%, followed by Universal Insurance Holdings, Inc. (UVE) with a return of 11.75%. The package had an average return of 6.13% for I Know First investors, compared to the S&P500’s return of -0.33% 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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.