Mega Cap Stocks Based on Algorithmic Trading: Returns up to 8.65% in 14 Days

Mega Cap Stocks

This mega cap stocks market forecast includes the best 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: 14 Days (12/22/2019 – 1/6/2020)
I Know First Average: 2.06%
Mega Cap Stocks
Mega Cap Stocks chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. The top performing prediction from this package was PTR with a return of 8.65%. Other notable stocks were AMZN and BTI with a return of 6.51% and 3.72%. This algorithmic forecast package presented an overall return of 2.06% versus S&P 500’s performance of 0.78% providing a market premium of 1.28%.

PetroChina Company Limited (PTR), together with its subsidiaries, produces and distributes oil and gas in the People’s Republic of China. It operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. The Exploration and Production segment is involved in the exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment engages in the marketing of refined products through a network of 20,714 service stations, as well as in trading business. The Natural Gas and Pipeline segment is involved in the transmission of natural gas, crude oil, and refined products; and the sale of natural gas. As of December 31, 2015, it had oil and gas pipelines of 77,612 km consisting of 48,629 km of natural gas pipelines, 18,892 km of crude oil pipelines, and 10,091 km of refined product pipelines. The company was founded in 1988 and is based in Beijing, the People’s Republic of China. PetroChina Company Limited (PTR) operates as a subsidiary of China National Petroleum Corporation.

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.