Megacap Stocks Based on Machine Learning: Returns up to 29.21% in 1 Month

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: 1 Month (10/27/23 – 11/28/23)
I Know First Average: 12.86%
Megacap Stocks
Megacap Stocks chart

For this 1 Month forecast the algorithm has successfully predicted 9 out of 10 movements. The prediction with the highest return was PDD, at 29.21%. The suggested trades for NOW and ASML also had notable 1 Month yields of 20.74% and 14.92%, respectively. The package saw an overall yield of 12.86% versus the S&P 500’s return of 10.1% implying a market premium of 2.76%.

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.