Quantitative Trading Based on Big Data Analytics: Returns up to 2.88% in 3 Days

Quantitative Trading

Quantitative Trading: This Utilities Stocks 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 Days (12/28/21 – 12/31/21)
I Know First Average: 1.82%
Quantitative Trading
Quantitative Trading chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the Utilities Stocks Package for this 3 Days forecast. AWK was the top performing prediction with a return of 2.88%. Additional high returns came from PNW and BIP, at 2.47% and 2.41% respectively. The package saw an overall yield of 1.82% versus the S&P 500’s return of -0.52% implying a market premium of 2.34%.

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.