Quantitative Trading Based on a Self-learning Algorithm: Returns up to 17.52% in 3 Months

Quantitative Trading

This Quantitative Trading forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry . It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

  • Top 10 Utilities stocks for the long position
  • Top 10 Utilities stocks for the short position

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 3 Months (10/10/21 – 1/10/22)
I Know First Average: 6.64%
Quantitative Trading
Quantitative Trading chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 7 out of 10 stock movements. The top-performing prediction in this forecast was EXC, which registered a return of 17.52%. OGS and EIX also performed well for this time horizon with returns of 17.13% and 14.88%, respectively. The package had an overall average return of 6.64%, providing investors with a premium of 0.29% over the S&P 500’s return of 6.35% 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.