Top Stocks Based on Big Data Analytics: Returns up to 220.35% in 1 Year
Top Stocks
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: 1 Year (8/30/2019 – 8/31/2020)
I Know First Average: 47.08%
During the 1 Year forecasted period several picks in the Stock Forecast & S&P500 Forecast Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. NVDA was our best stock pick this week a return of 220.35%. LRCX and URI also performed well for this time horizon with returns of 61.97% and 59.05%, respectively. This algorithmic forecast package presented an overall return of 47.08% versus S&P 500’s performance of 19.69% providing a market premium of 27.39%.
NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications
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.