Top Robinhood Stocks Based on Algorithmic Trading: Returns up to 18.82% in 14 Days
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: 14 Days (7/31/2020 – 8/15/2020)
I Know First Average: 7.39%
Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. GUSH was the highest-earning trade with a return of 18.82% in 14 Days. GPS and UCO followed with returns of 10.64% and 9.73% for the 14 Days period. This algorithmic forecast package presented an overall return of 7.39% versus S&P 500’s performance of 3.9% providing a market premium of 3.49%.
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.