Insurance Stocks Based on Data Mining: Returns up to 74.01% in 1 Year
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 Year (3/28/23 – 3/28/24)
I Know First Average: 35.02%
For this 1 Year forecast the algorithm has successfully predicted 10 out of 10 movements. MTG was the highest-earning trade with a return of 74.01% in 1 Year. Additional high returns came from RDN and ING, at 55.1% and 43.77% respectively. The overall average return in this Insurance Companies Forecast package was 35.02%, providing investors with a 2.92% premium over the S&P 500’s return of 32.1% during the same 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.