Stock Market Predictions Based on Data Mining: Returns up to 6.16% in 14 Days

Stock Market Predictions

This Utilities Stocks forecast is designed for investors and analysts who need stock market 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 (4/7/21 – 4/21/21)
I Know First Average: 3.6%
Stock Market Predictions
Stock Market Predictions chart

For this 14 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The greatest return came from NI at 6.16%. Additional high returns came from ETR and AWK, at 5.67% and 5.37% respectively. The overall average return in this Utilities Stocks package was 3.6%, providing investors with a 1.16% premium over the S&P 500’s return of 2.44% during the same period.

NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. The company operates through two segments, Gas Distribution Operations and Electric Operations. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services. The company serves approximately 3.4 million natural gas customers and 463,000 electric customers in in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts. It also owns and operates 3 coal-fired electric generating stations with a net capability of 2,540 megawatts (MW), 3 gas-fired generating units with a net capability of 196 MW, and 2 hydroelectric generating plants with a net capability of 10 MW, as well as a combined cycle gas turbine plant with a capacity of 535 MW. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.

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.