Buy And Hold Based on Artificial Intelligence: Returns up to 40.32% in 1 Month

Buy And Hold

Top Performing Indian Stocks: This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Indian stocks for the long position
  • Top 10 Indian stocks for the short position

Package Name: By Country – Indian Stocks
Recommended Positions: Long & Short
Forecast Length: 1 Month (05/10/2019 – 06/10/2019)
I Know First Average: 7.55% (Long) & 15.95% (Short)
Buy And Hold

During the 1 Month forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from LEEL.NS which registered a return of 40.32%. For the long positions the largest growth was registered by KEIN.NS with a return of 30.86%, during the same period. The package itself, had an overall average return of 7.55%, in the long position, providing a premium of 6.99% over the SP500’s return of 0.56%. With regards to the short position, the package had an overall average return of 15.95%, providing investors with a premium of 10.02% over S&P500’s return of 5.93%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 9 out of 10 stocks, for the short position for this 1 Month forecasted period.

LEEL Electricals Limited, formerly Lloyd Electric & Engineering Limited, manufactures evaporators and condenser coils for air conditioners, and heat exchangers/radiators. The Company provides consumer durable segment, heat exchanger and components, and original equipment manufacturer (OEM) segment and packaged air conditioning. Its segments include Radiators & Heat Exchanger, OEM & Railways, and Consumer Durable Products. Its business solution portfolio includes Lloyd branded consumer electronics products and home appliances; heating, ventilation, air conditioning and refrigeration (HVAC&R) heat exchanger coils; engine cooling systems; commercial refrigeration systems; air handling units; industrial fans and coolers, and other small appliances. Its range of condenser and evaporator coils are used as original equipment in residential and light commercial unitary products, central plants, including air handling units (AHU), commercial refrigeration and precision.

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

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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