Top Robinhood Stocks Based on Algo Trading: Returns up to 90.96% in 3 Months
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: 3 Months (8/18/24 – 11/18/24)
I Know First Average: 27.16%
During the 3 Months forecasted period several picks in the Robinhood Trades Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. PLTR was our best stock pick with a return of 90.96%. RCL and SQ had notable returns of 46.87% and 37.83%. This algorithmic forecast package presented an overall return of 27.16% versus the S&P 500’s performance of 6.11% providing a market premium of 21.05%.
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.