Top Robinhood Stocks Based on Big Data Analytics: Returns up to 116.88% in 1 Month

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: 1 Month (7/3/2020 – 8/3/2020)
I Know First Average: 14.47%
Top Robinhood Stocks
Top Robinhood Stocks chart

This Robinhood Trades Package forecast had correctly predicted 6 out of 10 stock movements. The prediction with the highest return was VSLR, at 116.88%. Further notable returns came from SRNE and SQ at 42.63% and 18.88%, respectively. This algorithmic forecast package presented an overall return of 14.47% versus S&P 500’s performance of 5.26% providing a market premium of 9.21%.

Vivint Solar, Inc. (VSLR) provides distributed solar energy to residential, commercial, and industrial customers in the United States. It operates through two segments, Residential and C&I.; The company installs and owns solar energy systems through long-term customer contracts, such as power purchase agreements and solar energy system leases. It also offers photovoltaic installation devices and software products. As of December 31, 2015, the company had an aggregate capacity of 458.9 megawatts covering 68,500 homes in 12 states. It has operations in Arizona, California, Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, New Mexico, New York, Pennsylvania, South Carolina, and Utah. The company was formerly known as V Solar Holdings, Inc. and changed its name to Vivint Solar, Inc. (VSLR) in April 2014. Vivint Solar, Inc. (VSLR) was founded in 2011 and is headquartered in Lehi, Utah.

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.