Top Stock Picks Based on Big Data: Returns up to 9.88% in 14 Days
Top Stock Picks
This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 14 Days (8/5/2020 – 8/19/2020)
I Know First Average: 3.3%
I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Stock Forecast & S&P500 Forecast Package for the 14 Days time period. The prediction with the highest return was BLDR, at 9.88%. Other notable stocks were AAN and BVN with a return of 9.12% and 8.14%. This algorithmic forecast package presented an overall return of 3.3% versus S&P 500’s performance of 2.07% providing a market premium of 1.23%.
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.