Halal Stocks

The Halal Stocks Package is designed for investors and analysts who need predictions for stocks that are compliant with halal and haram principles. It includes 20 stocks with bullish and bearish signals and indicates the best halal stocks to buy and sell:

• Top 10 halal stocks with bullish signals
• Top 10 halal stocks with bearish signals

Package Name: Halal Stocks
Recommended Positions: Long
Forecast Length: 3 Months (2/28/21 – 6/1/21)
I Know First Average: 16.25%

During the 3 Months forecasted period several picks in the Halal Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The top performing prediction from this package was AA with a return of 66.92%. SMID and NL also performed well for this time horizon with returns of 54.86% and 32.62%, respectively. This algorithmic forecast package presented an overall return of 16.25% versus S&P 500’s performance of 10.26% providing a market premium of 5.99%.

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.