Market Predictions Based on Machine Learning: Returns up to 3.08% in 3 Days

Market Predictions

These Market Predictions are 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: 3 Days (11/19/21 – 11/22/21)
I Know First Average: 1.23%
Market Predictions
Market Predictions chart

9 out of 10 stock prices in this forecast for the Utilities Stocks Package moved as predicted by the algorithm. The top-performing prediction in this forecast was PNW, which registered a return of 3.08%. The suggested trades for CWT and CMS also had notable 3 Days yields of 2.15% and 1.97%, respectively. This algorithmic forecast package presented an overall return of 1.23% versus the S&P 500’s performance of -0.46% providing a market premium of 1.69%.

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.