Top Mid Cap Stocks Based on Algo Trading: Returns up to 27.17% in 7 Days

Top Mid Cap Stocks

This Best Mid Cap Stocks forecast is designed for investors and analysts who need predictions for the best companies with market capitalization between USD 500m and USD 50b. It includes 20 stocks with bullish and bearish signals:

  • Top 10 Mid Cap stocks for the long position
  • Top 10 Mid Cap stocks for the short position

Package Name: Best Mid Cap Stocks
Recommended Positions: Long
Forecast Length: 7 Days (7/15/2020 – 7/22/2020)
I Know First Average: 4.52%
Top Mid Cap Stocks
Top Mid Cap Stocks chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Best Mid Cap Stocks Package for this 7 Days forecast. The top performing prediction from this package was OSTK with a return of 27.17%. WNC and XRX also performed well for this time horizon with returns of 7.75% and 4.89%, respectively. The package’s overall average return was 4.52%, providing investors with a 2.06% premium over the S&P 500’s return of 2.46% during the same period.

Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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.