Megacap Stocks Based on Deep-Learning: Returns up to 15.23% in 14 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: 14 Days (10/30/23 – 11/13/23)
I Know First Average: 9.89%
I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Mega Cap Forecast Package for the 14 Days time period. NOW was the highest-earning trade with a return of 15.23% in 14 Days. AMAT and AVGO also performed well for this time horizon with returns of 14.04% and 12.95%, respectively. The overall average return in this Mega Cap Forecast package was 9.89%, providing investors with a 2.75% premium over the S&P 500’s return of 7.14% 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.