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 (4/6/21 – 4/13/21)
I Know First Average: 2.06%

For this 7 Days forecast the algorithm had successfully predicted 6 out of 10 movements. The prediction with the highest return was OSTK, at 17.61%. BSET, and RFP had notable returns of 7.91% and 5.23%. The package itself saw an overall return of 2.06%, providing investors with a 0.50% premium above the S&P 500’s return of 1.56% for the same time period.

Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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.