Top Stocks Based on Pattern Recognition: Returns up to 5.42% in 14 Days
Top Stocks
This S&P 100 stocks forecast is designed for investors and analysts who need predictions for the best large cap performing stocks in the S&P100 Company Package. It includes 20 shares with bullish and bearish signals and indicates the best shares to buy:
- Top 10 S&P100 stocks for the long position
- Top 10 S&P100 stocks for the short position
Package Name: S&P 100 Stocks
Recommended Positions: Long
Forecast Length: 14 Days (8/28/23 – 9/11/23)
I Know First Average: 2.41%
Several predictions in this 14 Days forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. GOOGL was the top performing prediction with a return of 5.42%. GOOG and LOW followed with returns of 5.39% and 3.96% for the 14 Days period. The package saw an overall yield of 2.41% versus the S&P 500’s return of 1.86% implying a market premium of 0.55%.
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.