Stock Selection Based on Algo Trading: Returns up to 8.65% in 3 Days

Stock Selection

This Home Builders Stocks Package is designed for investors and analysts who need predictions of the best performing stocks for the whole Home Builders sector. It includes 20 stocks with bullish and bearish signals and indicates the best Home Builders stocks to buy:

  • Top 10 Home Builders stocks for the long position
  • Top 10 Home Builders stocks for the short position

Package Name: Home Builders Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/16/2016 – 12/19/2016)
I Know First Average: 2.53%
Stock Selection

In this 3 Days forecast for the Home Builders Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was HOV, which registered a return of 8.65%. Other notable stocks were ESS and AIV with a return of 3.39% and 3.22%. The package had an overall average return of 2.53%, providing investors with a premium of 2.51% over the S&P 500’s return of 0.02% during the same period.

Hovnanian Enterprises, Inc. (HOV), designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes.

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.

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