Megacap Stocks Based on Data Mining: Returns up to 50.15% in 3 Months

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: 3 Months (8/27/24 – 11/27/24)
I Know First Average: 12.12%
Megacap Stocks
Megacap Stocks chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. SHOP was the highest-earning trade with a return of 50.15% in 3 Months. Additional high returns came from BX and GS, at 33.15% and 19.21% respectively. The package saw an overall yield of 12.12% versus the S&P 500’s return of 6.8% implying a market premium of 5.32%.

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.