India Mid Cap Stocks Based on Deep Learning: Returns up to 31.78% in 1 Month

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: 1 Month (4/12/23 – 5/12/23)
I Know First Average: 7.58%
India Mid Cap Stocks
India Mid Cap Stocks chart

During the 1 Month forecasted period several picks in the By Country – India Mid Cap Stocks Package saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. The prediction with the highest return was BLAC.NS, at 31.78%. The suggested trades for IOLC.NS and ICNT.NS also had notable 1 Month yields of 24.32% and 15.68%, respectively. The By Country – India Mid Cap Stocks package had an overall average return of 7.58%, providing investors with a premium of 4.47% over the S&P 500’s return of 3.11%.

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.