Mega Cap Stocks Based on Pattern Recognition: Returns up to 41.74% 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 (9/12/22 – 9/12/23)
I Know First Average: 11.99%
I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this Mega Cap Forecast Package for the 1 Year time period. The prediction with the highest return was PDD, at 41.74%. Other notable stocks were ADBE and SYK with a return of 37.34% and 28.16%. The overall average return in this Mega Cap Forecast package was 11.99%, providing investors with a 2.29% premium over the S&P 500’s return of 9.7% 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.