Stock Market Trends Based on Deep Learning: Returns up to 10.72% in 1 Month

Stock Market Trends

This Utilities Stock Market Trends 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: 1 Month (1/12/2020 – 2/12/2020)
I Know First Average: 6.8%
Stock Market Trends
Stock Market Trends chart

This Utilities Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The prediction with the highest return was CWT, at 10.72%. BIP and PNW followed with returns of 10.09% and 8.93% for the 1 Month period. The package saw an overall yield of 6.8% versus the S&P 500’s return of 3.49% implying a market premium of 3.31%.

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. The company engages in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It provides its services to approximately 480,300 customers in 83 California communities; 4,300 water and wastewater customers on the islands of Maui and Hawaii; 16,500 customers in the Tacoma and Olympia areas in Washington; and 7,900 water and wastewater customers in the Belen, Los Lunas, and Elephant Butte areas in New Mexico. The company is also involved in the non-regulated water-related services, including operating water and waste water systems; providing operating and maintenance, meter reading, and billing services to private companies and municipalities; leasing communication antenna sites on its properties to telecommunication companies; billing of third-party insurance programs to its residential customers; operating recycled water systems; providing lab services; and selling surplus property. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

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.