Insurance Stocks Based on Genetic Algorithms: Returns up to 7.23% 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
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 7 Days (3/25/24 – 4/1/24)
I Know First Average: 2.48%
During the 7 Days forecasted period several picks in the Insurance Companies Forecast Package saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. The top performing prediction from this package was LNC with a return of 7.23%. Other notable stocks were ALL and ING with a return of 4.43% and 3.72%. The package had an overall average return of 2.48%, providing investors with a 2.30% premium over the S&P 500’s return of 0.18% 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.
