Insurance Stocks Based on a Self-learning Algorithm: Returns up to 8.08% in 14 Days
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
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 14 Days (6/20/23 – 7/4/23)
I Know First Average: 2.71%
The algorithm correctly predicted 9 out of 10 the suggested trades in the Insurance Companies Forecast Package for this 14 Days forecast. The top performing prediction from this package was NWLI with a return of 8.08%. LNC and PRA also performed well for this time horizon with returns of 6.98% and 5.01%, respectively. The package itself saw an overall return of 2.71%, providing investors with a 1.67% premium above the S&P 500’s return of 1.04% for the same time 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.