Top S&P 500 Stocks Based on Artificial Intelligence: Returns up to 22.16% in 3 Months
Top S&P 500 Stocks
This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best shares to buy:
- Top 10 S&P 500 stocks for the long position
- Top 10 S&P 500 stocks for the short position
Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 3 Months (1/21/21 – 4/21/21)
I Know First Average: 10.62%
Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 9 out of 10 stock movements. IVZ was the top-performing prediction with a return of 22.16%. URI and FCX followed with returns of 20.83% and 15.92% for the 3 Months period. This algorithmic forecast package presented an overall return of 10.62% versus the S&P 500’s performance of 8.35% providing a market premium of 2.27%.
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.