Mega Cap Stocks Based on Pattern Recognition: Returns up to 7.4% in 3 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: 3 Days (11/3/23 – 11/7/23)
I Know First Average: 2.34%
Mega Cap Stocks
Mega Cap Stocks chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the Mega Cap Forecast Package for this 3 Days forecast. UBER was the top performing prediction with a return of 7.4%. Other notable stocks were SBUX and QCOM with a return of 3.67% and 2.86%. The package saw an overall yield of 2.34% versus the S&P 500’s return of 1.4% implying a market premium of 0.94%.

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.