India Mid Cap Stocks Based on Deep-Learning: Returns up to 17.4% in 14 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: 14 Days (4/19/24 – 5/3/24)
I Know First Average: 6.64%
India Mid Cap Stocks
India Mid Cap Stocks chart

During the 14 Days forecasted period several picks in the By Country – India Mid Cap Stocks Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. The top performing prediction from this package was HITN.NS with a return of 17.4%. SOLA.NS and AMAR.NS followed with returns of 16.84% and 13.54% for the 14 Days period. With these notable trade returns, the package itself registered an average return of 6.64% compared to the S&P 500’s return of 1.92% 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.