Home Builders Stocks Based on Algo Trading: Returns up to 30.86% in 3 Months
Home Builders Stocks
This Home Builders Stocks Package is designed for investors and analysts who need predictions of the best performing stocks for the whole sector. It includes 20 stocks with bullish and bearish signals and indicates the best Home Builders stocks to buy:
- Top 10 Home Builders stocks for the long position
- Top 10 Home Builders stocks for the short position
Package Name: Home Builders
Recommended Positions: Long
Forecast Length: 3 Months (6/25/24 – 9/25/24)
I Know First Average: 14.08%
The algorithm correctly predicted 9 out of 10 the suggested trades in the Home Builders Package for this 3 Months forecast. The top-performing prediction in this forecast was MHO, which registered a return of 30.86%. DHI and SLG had notable returns of 29.93% and 25.54%. The package had an overall average return of 14.08%, providing investors with a premium of 9.04% over the S&P 500’s return of 5.04% 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.