Hedge Fund Stocks Based on Stock Prediction Algorithm: Returns up to 39.27% 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 (8/23/24 – 9/24/24)
I Know First Average: 10.15%
I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades for the 1 Month time period. RDFN was our best stock pick with a return of 39.27%. Other notable stocks were PTON and NOW with a return of 13.63% and 12.51%. The package’s overall average return was 10.15%, providing investors with a 7.24% premium over the S&P 500’s return of 2.91% 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.