Stock Algorithm Based on Big Data Analytics: Returns up to 3.16% in 7 Days

Stock Algorithm

This Stock Algorithm 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: 7 Days (10/6/21 – 10/13/21)
I Know First Average: 1.65%
Stock Algorithm
Stock Algorithm chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Utilities Stocks Package for this 7 Days forecast. The prediction with the highest return was SR, at 3.16%. The suggested trades for AES and ATO also had notable 7 Days yields of 2.44% and 2.43%, respectively. The package’s overall average return was 1.65%, providing investors with a 1.23% premium over the S&P 500’s return of 0.42% during the same period.

Spire Inc. (SR), through its subsidiaries, engages in the purchase, retail distribution, sale, and marketing of natural gas. It operates through two segments, Gas Utility and Gas Marketing. The company is also involved in marketing natural gas and related activities on non-regulated basis to on-system utility transportation customers, as well as to retail and wholesale customers. In addition, it engages in the transportation of liquid propane through its propane pipeline; compression of natural gas; oil production; real estate development; risk management; and financial investments in other enterprises, as well as provides propane storage, transmission, and related services to third parties. The company provides natural gas services to approximately 1.5 million residential, commercial, and industrial customers across Missouri and Alabama. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. (SR) in April 2016. Spire Inc. (SR) was founded in 1857 and is headquartered in St. Louis, Missouri.

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.