Insurance Stocks Based on a Self-learning Algorithm: Returns up to 15.13% in 1 Month

Insurance Stocks

The Insurance Companies Package is designed for investors and analysts who need stock advice for the best-performing stocks in the Insurance Company Industry. It includes 20 stocks with bullish and bearish signals and indicates the best insurance companies’ stocks to trade:

  • Top 10 Insurance Company stocks for the long position
  • Top 10 Insurance Company stocks for the short position

insurance
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 1 Month (12/17/21 – 1/18/22)
I Know First Average: 7.85%
Insurance Stocks
Insurance Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 10 out of 10 stock movements. The top-performing prediction in this forecast was RDN, which registered a return of 15.13%. UVE and FNF also performed well for this time horizon with returns of 15.02% and 9.7%, respectively. This algorithmic forecast package presented an overall return of 7.85% versus the S&P 500’s performance of -0.12% providing a market premium of 7.97%.

Radian Group Inc., through its subsidiaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance and Services. The Mortgage Insurance segment offers credit-related insurance coverage, principally through private mortgage insurance that protects mortgage lenders and third-party beneficiaries by mitigating default-related losses on residential mortgage loans made to home buyers, as well as facilitates the sale of these mortgage loans in the secondary mortgage market.

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.