Strong Buy Stocks Based on Data Mining: Returns up to 14.96% in 14 Days
Strong Buy Stocks
This Strong Buy Stocks forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 14 Days (8/21/23 – 9/4/23)
I Know First Average: 6.62%
For this 14 Days forecast the algorithm has successfully predicted 10 out of 10 movements. The top performing prediction from this package was FRHC with a return of 14.96%. The suggested trades for WIX and CELH also had notable 14 Days yields of 11.98% and 11.12%, respectively. The package had an overall average return of 6.62%, providing investors with a premium of 3.28% over the S&P 500’s return of 3.34% during the same period.
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.