Megacap Stocks Based on Big Data: Returns up to 10.35% in 7 Days

Megacap Stocks

This stock market forecast includes the best Megacap 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 (8/3/22 – 8/10/22)
I Know First Average: 4.11%
Megacap Stocks
Megacap Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The top performing prediction from this package was PYPL with a return of 10.35%. The suggested trades for NFLX and INTU also had notable 7 Days yields of 10.25% and 6.96%, respectively. The package itself saw an overall return of 4.11%, providing investors with a 1.20% premium above the S&P 500’s return of 2.91% for the same time 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.