Top Stocks Based on Artificial Intelligence: Returns up to 4.35% in 3 Days
Top Stocks
This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (05/15/2019 – 05/18/2019)
I Know First Average: 1.69%
The algorithm correctly predicted 8 out 10 of the suggested trades in the Top 10 Stocks Package for this 3 Days forecast. CVI was the highest-earning trade with a return of 4.35% in 3 Days. Additional high returns came from EXP and MHK, at 3.82% and 3.34% respectively. The package had an overall average return of 1.69%, providing investors with a 0.80% premium over the S&P 500’s return of 0.89% during the period.
Headquartered in Sugar Land, Texas, CVR Energy (CVI) is a diversified holding company which is mainly engaged in the petroleum refining and nitrogen fertilizer manufacturing industries.
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.
