Indian Stocks Based on Artificial Intelligence: Returns up to 70.45% 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 & Short
Forecast Length: 3 Months (03/05/2019 – 06/05/2019)
I Know First Average: 15.79% (Long) & 21.91% (Short)
Indian Stocks

During the 3 Months forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from RLCM.NS which registered a return of 70.45%. For the long positions the largest growth was registered by KEIN.NS with a return of 41.94%, during the same period. The package itself, had an overall average return of 15.79%, in the long position, providing a premium of 14.60% over the SP500’s return of 1.19%. With regards to the short position, the package had an overall average return of 21.91%, providing investors with a premium of 10.76% over S&P500’s return of 11.15%. The I Know First’s Stock Market Algorithm accurately forecasted 8 out of 10 stocks, for the long position, and 9 out of 10 stocks, for the short position for this 3 Months forecasted period.

Reliance Communications Limited is a telecommunications service provider. The Company operates through two segments: India Operations and Global Operations. India operations segment comprises wireless telecommunications services to retail customers through global system for mobile communication (GSM) technology-based networks across India; voice, long distance services and broadband access to enterprise customers; managed Internet data center services, and direct-to-home (DTH) business.

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

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.