Top Robinhood Stocks Based on a Self-learning Algorithm: Returns up to 226.82% in 1 Year
Top Robinhood Stocks
This forecast is part of the Robinhood Trades Package, one of I Know First’s algorithmic trading tools. The full investment universe includes the most traded stocks by Robinhood stock trading platform users. Based on it, I Know First AI Algorithm identifies the most promising stocks and produces forecasts that include:
- Top 10 stocks from Robinhood Trades for the long position
- Top 10 stocks from Robinhood Trades for the short position
Package Name: Robinhood Trades
Recommended Positions: Long
Forecast Length: 1 Year (11/23/23 – 11/23/24)
I Know First Average: 41.9%
During the 1 Year forecasted period several picks in the Robinhood Trades Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. The top-performing prediction in this forecast was PLTR, which registered a return of 226.82%. BAC and SQ saw outstanding returns of 58.62% and 56.32%. The Robinhood Trades package had an overall average return of 41.9%, providing investors with a premium of 10.90% over the S&P 500’s return of 31.0%.
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.