Home Builders Stocks Based on Algo Trading: Returns up to 6.07% in 7 Days

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 Home Builders 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: 7 Days (6/6/21 – 6/14/21)
I Know First Average: 1.25%
Home Builders Stocks
Home Builders Stocks chart

During the 7 Days forecasted period several picks in the Home Builders Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The greatest return came from CIM at 6.07%. CPT and VNO saw outstanding returns of 4.25% and 3.39%. The overall average return in this Home Builders package was 1.25%, providing investors with a 0.65% premium over the S&P 500’s return of 0.6% during the same period.

Chimera Investment Corporation (CIM) operates as a real estate investment trust in the United States. The company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Chimera Investment Corporation (CIM) was founded in 2007 and is based in New York, New York.

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.