Mega Cap Stocks Based on Machine Learning: Returns up to 116.1% 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 (10/20/23 – 10/20/24)
I Know First Average: 42.76%
During the 1 Year forecasted period several picks in the Mega Cap Forecast Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The top performing prediction from this package was TSM with a return of 116.1%. AVGO and NOW had notable returns of 107.29% and 64.6%. The package saw an overall yield of 42.76% versus the S&P 500’s return of 37.09% implying a market premium of 5.67%.
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.