India Large Cap Stocks Based on Predictive Analytics: Returns up to 9.77% in 1 Month
India Large Cap Stocks
India Large Cap Stocks: This 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 (2/20/22 – 3/20/22)
I Know First Average: 2.34%
During the 1 Month forecasted period several picks in the By Country – India Large Cap Stocks Package saw significant returns. The algorithm had correctly predicted 7 out of 10 returns. The top-performing prediction in this forecast was APLA.NS, which registered a return of 9.77%. CHLA.NS and MNDA.NS also performed well for this time horizon with returns of 6.94% and 5.95%, respectively. With these notable trade returns, the package itself registered an average return of 2.34% compared to the S&P 500’s return of 0.05% for 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.