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 (12/25/23 – 1/25/24)
I Know First Average: 13.35%

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 8 out of 10 returns. STEN.NS was our best stock pick with a return of 31.23%. SURR.NS and HFCL.NS also performed well for this time horizon with returns of 31.05% and 28.96%, respectively. The package had an overall average return of 13.35%, providing investors with a premium of 13.92% over the S&P 500’s return of -0.57% 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.