Insurance Stocks Based on Pattern Recognition: Returns up to 23.51% 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

insurance
Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 1 Month (7/10/2020 – 8/11/2020)
I Know First Average: 12.84%
Insurance Stocks
Insurance Stocks chart

For this 1 Month forecast the algorithm had successfully predicted 8 out of 10 movements. CINF was the top performing prediction with a return of 23.51%. Further notable returns came from UVE and ING at 23.14% and 20.56%, respectively. The package had an overall average return of 12.84%, providing investors with a premium of 7.08% over the S&P 500’s return of 5.76% 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.