Top Dividend Stocks Based on Algo Trading: Returns up to 31.93% in 14 Days
Top Dividend Stocks
This forecast is part of the Dividends Package, as one of I Know First’s quantitative investment solutions. We determine the best stocks carrying a dividend by screening our database daily using our advanced algorithm. The full Dividends Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:
- Top 10 Dividend stocks for the long position
- Top 10 Dividend stocks for the short position
Package Name: Dividend Stocks Forecast
Recommended Positions: Long
Forecast Length: 14 Days (11/3/23 – 11/17/23)
I Know First Average: 11.36%
Several predictions in this 14 Days forecast saw significant returns. The algorithm has correctly predicted 10 out of 10 stock movements. GPS was our best stock pick with a return of 31.93%. Further notable returns came from LCUT and PEGA at 21.23% and 14.61%, respectively. The overall average return in this Dividend Stocks Forecast package was 11.36%, providing investors with a 6.82% premium over the S&P 500’s return of 4.54% 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.