Home Builders Stocks Based on Stock Algorithm: Returns up to 40.69% 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 (6/13/24 – 9/13/24)
I Know First Average: 22.54%
10 out of 10 stock prices in this forecast for the Home Builders Package moved as predicted by the algorithm. HOV was the top performing prediction with a return of 40.69%. The suggested trades for DHI and MHO also had notable 3 Months yields of 35.53% and 32.49%, respectively. This algorithmic forecast package presented an overall return of 22.54% versus the S&P 500’s performance of 3.78% providing a market premium of 18.76%.
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.