Mega Cap Stocks Based on Genetic Algorithms: Returns up to 11.67% 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 (5/16/23 – 5/23/23)
I Know First Average: 4.78%
Mega Cap Stocks
Mega Cap Stocks chart

During the 7 Days forecasted period several picks saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. The greatest return came from TSLA at 11.67%. Further notable returns came from NOW and AVGO at 7.99% and 7.3%, respectively. The package’s overall average return was 4.78%, providing investors with a 4.56% premium over the S&P 500’s return of 0.22% during the same 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.