Strong Buy Stocks Based on Deep-Learning: Returns up to 31.35% in 1 Month
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: 1 Month (9/20/24 – 10/21/24)
I Know First Average: 10.18%
The algorithm correctly predicted 7 out of 10 the suggested trades for this 1 Month forecast. The top-performing prediction in this forecast was UPST, which registered a return of 31.35%. Additional high returns came from GATO and EAT, at 27.63% and 20.61% respectively. The Stock Forecast & S&P500 Forecast package had an overall average return of 10.18%, providing investors with a premium of 7.72% over the S&P 500’s return of 2.46%.
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.