Momentum Stocks Based on Machine Learning: Returns up to 30.38% in 1 Month

Momentum Stocks

The 52 Week High Stocks Package is designed for investors and analysts who need predictions for stocks currently at their 52-week high price level. It includes 20 stocks with bullish and bearish signals and indicates the best momentum stocks to buy and sell:

  • 52 Weeks High Top 10 stocks for the long position
  • 52 Weeks High Top 10 stocks for the short position

Best Share To Buy
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 1 Month (4/11/21 – 5/11/21)
I Know First Average: 8.65%
Momentum Stocks
Momentum Stocks chart

During the 1 Month forecasted period several picks in the 52 Week High Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was BSET, at 30.38%. CVGI and FAS saw outstanding returns of 27.06% and 15.77%. The package saw an overall yield of 8.65% versus the S&P 500’s return of 0.56% implying a market premium of 8.09%.

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.