India Mid Cap Stocks Based on Algorithmic Trading: Returns up to 21.07% in 3 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: 3 Days (4/20/22 – 4/23/22)
I Know First Average: 3.1%
India Mid Cap Stocks
India Mid Cap Stocks chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 6 out of 10 stock movements. The top-performing prediction in this forecast was MRPL.NS, which registered a return of 21.07%. OPTI.NS, and MINC.NS had notable returns of 8.08% and 8.05%. The package had an overall average return of 3.1%, providing investors with a premium of 1.80% over the S&P 500’s return of 1.3% during 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.