Stock Ideas Based on Algo Trading: Returns up to 54.71% in 1 Month

Stock Ideas

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This algorithmic forecast is for stock ideas with recently reported insiders’ transactions.
An “insider” is any person who possesses at least one of the following:

  • access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
  • ownership of more than 10% of the company’s equity

insider trading
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 1 Month (10/23/2020 – 11/24/2020)
I Know First Average: 26.57%
Stock Ideas
Stock Ideas chart

During the 1 Month forecasted period several stock ideas in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The highest trade return came from BHLB, at 54.71%. The suggested trades for MOV and CASH also had notable 1 Month yields of 43.77% and 43.6%, respectively. The package’s overall average return was 26.57%, providing investors with a 21.30% premium over the S&P 500’s return of 5.27% during the same period.

Berkshire Hills Bancorp, Inc. (BHLB) provides retail and commercial banking, wealth management and investment, and insurance services. The company operates through two segments, Banking and Insurance. It offers various deposit accounts, including interest-bearing and noninterest-bearing checking demand, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as residential mortgages, commercial real estate, commercial and industrial, and consumer loans. The company also provides wealth management services comprising investment management, trust administration, and estate planning; and investment products, financial planning, and brokerage services. In addition, it offers personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. Further, the company provides retail and commercial electronic banking, commercial cash management, and commercial interest rate swaps; and debit cards and other electronic fee producing payment services to transaction account customers. It serves retail, commercial, not-for-profit, and municipal customers. The company operates 93 full-service banking offices in Massachusetts, New York, Connecticut, and Vermont; and commercial and retail lending offices located in eastern Massachusetts. Berkshire Hills Bancorp, Inc. (BHLB) was founded in 1846 and is headquartered in Pittsfield, Massachusetts.

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.