India Large Cap Stocks Based on Deep Learning: Returns up to 5.06% in 3 Days
India Large Cap Stocks
This India Large Cap Stocks forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:
- Top 10 Indian large cap stocks for the long position
- Top 10 Indian large cap stocks for the short position
Package Name: By Country – India Large Cap Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/15/23 – 12/18/23)
I Know First Average: 1.41%
In this 3 Days forecast for the By Country – India Large Cap Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The top-performing prediction in this forecast was GUJL.NS, which registered a return of 5.06%. SAIL.NS and TNSL.NS also performed well for this time horizon with returns of 4.06% and 1.87%, respectively. The By Country – India Large Cap Stocks package had an overall average return of 1.41%, providing investors with a premium of 0.27% over the S&P 500’s return of 1.14%.
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.