Stock Algorithm Based On ML: Up To 8.20% Return In 3 Days
Stock Algorithm
This best dividend stocks forecast is part of the “Dividend Stocks” package, as one of I Know First’s quantitative investment solutions. We determine our best stocks carrying a dividend and pick them by screening our database daily using our advanced algorithm. The full Dividend Stocks Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:
- 10 best dividend stocks to long
- 10 best dividend stocks to short
Package Name: “Dividend Stocks”
Recommended Positions: Long
Forecast Length: 3 Days (03/10/2016 – 03/14/2016)
I Know First Average: 3.84%
The 3 Day dividend package had 9 out of 10 top stocks increased in accordance with the Algorithm’s prediction. Our top stock pick for the week was SID with its noteworthy return of 8.20%. CNX, MRO, and ELP followed with respectable returns of 7.71%, 5.82%, and 5.04%. This package returned an average of 3.84% while the S&P 500 saw a slight bump of 1.53%.
Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. The company’s steel products include slabs, which are semi-finished products used for processing hot-rolled, cold-rolled or coated coils, and sheet products.
Get the “Dividend Stocks” Package.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 algorithmic traders.
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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.
