Top S&P 500 Stocks Based on Machine Learning: Returns up to 44.43% 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. It includes 20 stocks with bullish and bearish signals and indicates the best stocks 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 (10/13/2019 – 1/14/2020)
I Know First Average: 22.56%
Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. The highest trade return came from SWKS, at 44.43%. NVDA and URI also performed well for this time horizon with returns of 32.95% and 30.35%, respectively. This algorithmic forecast package presented an overall return of 22.56% versus S&P 500’s performance of 10.53% providing a market premium of 12.03%.
Skyworks Solutions, Inc. (SWKS), together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide.
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.
