India Mid Cap Stocks Based on Genetic Algorithms: Returns up to 134.54% in 1 Year
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 Year (11/27/23 – 11/27/24)
I Know First Average: 45.86%
The algorithm correctly predicted 9 out of 10 the suggested trades in the By Country – India Mid Cap Stocks Package for this 1 Year forecast. BLAC.NS was the top performing prediction with a return of 134.54%. NEWG.NS and PCBL.NS also performed well for this time horizon with returns of 78.41% and 64.6%, respectively. The By Country – India Mid Cap Stocks package had an overall average return of 45.86%, providing investors with a premium of 24.24% over the S&P 500’s return of 21.62%.
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.