Top Robinhood Stocks Based on Stock Algorithm: Returns up to 32.49% 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 (10/11/24 – 10/25/24)
I Know First Average: 5.78%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Robinhood Trades Package for the 14 Days time period. The top-performing prediction in this forecast was PTON, which registered a return of 32.49%. Additional high returns came from RCL and SQ, at 3.78% and 3.7% respectively. The package saw an overall yield of 5.78% versus the S&P 500’s return of 0.49% implying a market premium of 5.29%.
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.