Mega Cap Stocks Based on Deep Learning: Returns up to 90.05% in 1 Year
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 Year (11/15/22 – 11/15/23)
I Know First Average: 26.54%
7 out of 10 stock prices in this forecast for the Mega Cap Forecast Package moved as predicted by the algorithm. The prediction with the highest return was AVGO, at 90.05%. ADBE and NFLX followed with returns of 74.9% and 54.36% for the 1 Year period. The package itself saw an overall return of 26.54%, providing investors with a 12.75% premium above the S&P 500’s return of 13.79% for the same time 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.