Market Forecast Based on Pattern Recognition: Returns up to 12.06% in 1 Month

Market Forecast

This Market Forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry . It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

  • Top 10 Utilities stocks for the long position
  • Top 10 Utilities stocks for the short position

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 1 Month (12/10/21 – 1/11/22)
I Know First Average: 1.43%
Market Forecast
Market Forecast chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 6 out of 10 stock movements. The top performing prediction from this package was OGS with a return of 12.06%. Other notable stocks were BIP and PEG with a return of 4.23% and 3.31%. The package had an overall average return of 1.43%, providing investors with a 0.45% premium over the S&P 500’s return of 0.98% 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.