Insurance Stocks Based on Algorithmic Trading: Returns up to 8.71% 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
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 1 Month (8/19/24 – 9/19/24)
I Know First Average: 5.05%
Several predictions in this 1 Month forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. The prediction with the highest return was UVE, at 8.71%. Additional high returns came from RNR and CNO, at 8.47% and 6.91% respectively. The package saw an overall yield of 5.05% versus the S&P 500’s return of 2.87% implying a market premium of 2.18%.
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.