India Mid Cap Stocks Based on Deep Learning: Returns up to 37.89% 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 (1/17/24 – 1/31/24)
I Know First Average: 9.06%
In this 14 Days forecast for the By Country – India Mid Cap Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The prediction with the highest return was RAIV.NS, at 37.89%. Additional high returns came from BORO.NS and AMBE.NS, at 23.54% and 15.17% respectively. The package saw an overall yield of 9.06% versus the S&P 500’s return of -1.88% implying a market premium of 10.94%.
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.