Top S&P 500 Stocks Based on Pattern Recognition: Returns up to 26.26% 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 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 (7/21/24 – 10/21/24)
I Know First Average: 12.59%
The package has correctly predicted 9 out of 10 stock movements. The prediction with the highest return was CBRE, at 26.26%. MHK and BX saw outstanding returns of 24.96% and 23.22%. This algorithmic forecast package presented an overall return of 12.59% versus the S&P 500’s performance of 6.34% providing a market premium of 6.25%.
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.