Megacap Stocks Based on Algorithmic Trading: Returns up to 29.3% in 7 Days

Megacap Stocks

This megacap stocks market forecast includes the best 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: Short
Forecast Length: 7 Days (10/25/2020 – 11/2/2020)
I Know First Average: 6.53%
Megacap Stocks
Megacap Stocks chart

9 out of 10 top stock picks from the algorithm decreased as predicted for this 7 Days forecasting period. SAP saw monumental price change of 29.3% in just 7 Days. LOW, and NVDA also had excellent performances with returns of 7.75% and 7.43% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast period.

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.