India Large Cap Stocks Based on Machine Learning: Returns up to 21.65% in 1 Month
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: 1 Month (4/4/23 – 5/4/23)
I Know First Average: 7.84%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this By Country – India Large Cap Stocks Package for the 1 Month time period. The prediction with the highest return was TNSL.NS, at 21.65%. Further notable returns came from NAFL.NS and ADNA.NS at 13.75% and 12.91%, respectively. This algorithmic forecast package presented an overall return of 7.84% versus the S&P 500’s performance of 4.47% providing a market premium of 3.37%.
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.