Indian Stocks Based on a Self-learning Algorithm: Returns up to 122.92% in 3 Months
Indian Stocks
Top Performing Indian Stocks: This 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 stocks for the long position
- Top 10 Indian stocks for the short position
Package Name: By Country – Indian Stocks
Recommended Positions: Long
Forecast Length: 3 Months (5/4/22 – 8/4/22)
I Know First Average: 13.76%
Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 6 out of 10 stock movements. The prediction with the highest return was IRNA.NS, at 122.92%. ZNTH.NS and ADAI.NS also performed well for this time horizon with returns of 86.11% and 25.89%, respectively. The package had an overall average return of 13.76%, providing investors with a 11.44% premium over the S&P BSE’s return of 2.32% during the 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.