Mega Cap Stocks Based on Algo Trading: Returns up to 6.71% in 7 Days

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: 7 Days (11/14/23 – 11/21/23)
I Know First Average: 3.83%
Mega Cap Stocks
Mega Cap Stocks chart

9 out of 10 stock prices in this forecast for the Mega Cap Forecast Package moved as predicted by the algorithm. The top-performing prediction in this forecast was BA, which registered a return of 6.71%. Other notable stocks were DIS and LRCX with a return of 5.6% and 5.04%. This algorithmic forecast package presented an overall return of 3.83% versus the S&P 500’s performance of 2.87% providing a market premium of 0.96%.

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.