Stock Forecast Based on Predictive Analytics: Returns up to 6.02% in 14 Days

Stock Forecast

This stock 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: 14 Days (1/21/2020 – 2/4/2020)
I Know First Average: 2.88%
Stock Forecast
Stock Forecast chart

This Utilities Stocks Package forecast had correctly predicted 9 out of 10 stock movements. The top-performing prediction in this forecast was TERP, which registered a return of 6.02%. Further notable returns came from PNW and CWT at 4.58% and 3.44%, respectively. The package saw an overall yield of 2.88% versus the S&P 500’s return of -0.96% implying a market premium of 3.84%.

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 that for trading decisions you should use the most recent forecast. Get today’s forecast and Top stock picks.