India Mid Cap Stocks Based on Algorithmic Trading: Returns up to 20.82% in 7 Days
India Mid Cap Stocks
This India Mid 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 mid cap stocks for the long position
- Top 10 Indian mid cap stocks for the short position
Package Name: By Country – India Mid Cap Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/14/22 – 11/21/22)
I Know First Average: 2.67%
During the 7 Days forecasted period several picks in the By Country – India Mid Cap Stocks Package saw significant returns. The algorithm has correctly predicted 6 out of 10 returns. The prediction with the highest return was RAIV.NS, at 20.82%. Further notable returns came from JIST.NS and JINA.NS at 11.1% and 6.03%, respectively. This algorithmic forecast package presented an overall return of 2.67% versus the S&P 500’s performance of -1.05% providing a market premium of 3.72%.
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.