Stock Picking Based on Stock Algorithm: Returns up to 22.58% in 3 Months

Stock Picking

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions and a stock picking software for the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Stock Market Prediction Algorithm
Package Name: Basic Industry Forecast
Recommended Positions: Long
Forecast Length: 3 Months (5/14/2019 – 8/14/2019)
I Know First Average: 6.73%
Stock Picking
Stock Picking chart

In this 3 Months forecast for the Basic Industry Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The highest trade return came from MHO, at 22.58%. MTH and ESLT followed with returns of 21.07% and 11.29% for the 3 Months period. The package saw an overall yield of 6.73% versus the S&P 500’s return of 1.02% implying a market premium of 5.71%.

M/I Homes, Inc. (MHO), together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Maryland, Virginia, North Carolina, Florida, and Texas, the United States. It operates through Midwest Homebuilding, Southern Homebuilding, Mid-Atlantic Homebuilding, and Financial Services segments. The company designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, and luxury buyers under the M/I Homes and Showcase Collection brand names. It also purchases undeveloped land to develop into developed lots of single-family homes, as well as for sale to others. In addition, the company originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. (MHO) in January 2004. M/I Homes, Inc. (MHO) was incorporated in 1973 and is based in Columbus, Ohio.

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.