Hedge Fund Stocks Based on Machine Learning: Returns up to 90.94% in 1 Month
Hedge Fund Stocks
This Hedge Fund Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks according to I Know First’s stock market algorithm. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to long and short based on artificial intelligence trading strategies:
- Top 10 Hedge Fund stocks for the long position
- Top 10 Hedge Fund stocks for the short position
Package Name: Hedge Fund Stocks
Recommended Positions: Long
Forecast Length: 1 Month (10/27/24 – 11/27/24)
I Know First Average: 17.69%
For this 1 Month forecast the algorithm has successfully predicted 7 out of 10 movements. The top performing prediction from this package was HUT with a return of 90.94%. Other notable stocks were SHOP and CVNA with a return of 42.37% and 25.89%. The package’s overall average return was 17.69%, providing investors with a 14.41% premium over the S&P 500’s return of 3.28% during the same period.
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.