Mega Cap Stocks Based on Algorithmic Trading: Returns up to 23.03% in 1 Month

Mega Cap Stocks

This stock market forecast includes the best Mega Cap Stocks determined by the algorithm with a market capitalization of more than $100 billion.

  • Top 10 Mega Cap stocks for the long position
  • Top 10 Mega Cap stocks for the short position

Package Name: Mega Cap Forecast
Recommended Positions: Long
Forecast Length: 1 Month (3/3/23 – 4/4/23)
I Know First Average: 3.58%
Mega Cap Stocks
Mega Cap Stocks chart

In this 1 Month forecast for the Mega Cap Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. META was the highest-earning trade with a return of 23.03% in 1 Month. The suggested trades for NVDA and ASML also had notable 1 Month yields of 17.75% and 7.13%, respectively. The package itself saw an overall return of 3.58%, providing investors with a 0.58% premium above the S&P 500’s return of 3.0% for the same time period.

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.

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