Halal Stocks Based on Data Mining: Returns up to 16.1% in 7 Days

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: 7 Days (8/4/21 – 8/11/21)
I Know First Average: 4.96%
Halal Stocks
Halal Stocks chart

During the 7 Days forecasted period several picks in the Halal Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was HMHC, at 16.1%. CRDF and AA followed with returns of 14.79% and 10.6% for the 7 Days period. This algorithmic forecast package presented an overall return of 4.96% versus S&P 500’s performance of 0.56% providing a market premium of 4.40%.

Houghton Mifflin Harcourt Company (HMH), incorporated on December 23, 2009, is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world. In the United States, the Company is a provider of kindergarten through 12th grade (K-12) educational content. It sells its products and services across multiple media and distribution channels.

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.