Insurance Stocks Based on Data Mining: Returns up to 69.66% in 7 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

insurance
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 7 Days (10/14/22 – 10/21/22)
I Know First Average: 8.45%
Insurance Stocks
Insurance Stocks chart

For this 7 Days forecast the algorithm has successfully predicted 9 out of 10 movements. The top-performing prediction in this forecast was FNHC, which registered a return of 69.66%. Further notable returns came from GNW and LNC at 5.45% and 4.48%, respectively. The package had an overall average return of 8.45%, providing investors with a 6.19% premium over the S&P 500’s return of 2.26% 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.