Stock Forecast Based on Algo Trading: Returns up to 4.52% in 3 Days

Stock Forecast

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 (5/20/22 – 5/24/22)
I Know First Average: 1.96%
Stock Forecast
Stock Forecast chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Utilities Stocks Package for this 3 Days forecast. The top performing prediction from this package was CDZI with a return of 4.52%. Other notable stocks were CPK and AES with a return of 3.96% and 2.76%. The package’s overall average return was 1.96%, providing investors with a 0.92% premium over the S&P 500’s return of 1.04% 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.