Top Robinhood Stocks Based on a Self-learning Algorithm: Returns up to 27.12% in 14 Days

May 9, 2023

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

Robinhood Trades Forecast
Package Name: Robinhood Trades
Recommended Positions: Long
Forecast Length: 14 Days (4/24/23 – 5/8/23)
I Know First Average: 2.3%
Top Robinhood Stocks
Top Robinhood Stocks chart

The algorithm correctly predicted 6 out of 10 the suggested trades in the Robinhood Trades Package for this 14 Days forecast. HEXO was the top performing prediction with a return of 27.12%. The suggested trades for DKNG and DIS also had notable 14 Days yields of 10.06% and 3.42%, respectively. The Robinhood Trades package had an overall average return of 2.3%, providing investors with a premium of 2.19% over the S&P 500’s return of 0.11%.

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.

Robinhood Trades