Mega Cap Stocks Based on Algo Trading: Returns up to 21.48% in 1 Month

Mega Cap Stocks

This stock market forecast includes the best Mega Cap Stocks determined by the algorithm with a market capitalization of more than $100 billion.

  • Top 10 Mega Cap stocks for the long position
  • Top 10 Mega Cap stocks for the short position

Package Name: Mega Cap Forecast
Recommended Positions: Long
Forecast Length: 1 Month (8/14/23 – 9/14/23)
I Know First Average: 6.12%
Mega Cap Stocks
Mega Cap Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm has correctly predicted 7 out of 10 stock movements. PDD was the highest-earning trade with a return of 21.48% in 1 Month. Other notable stocks were TSLA and UBS with a return of 13.76% and 12.12%. This algorithmic forecast package presented an overall return of 6.12% versus the S&P 500’s performance of 0.92% providing a market premium of 5.20%.

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.