Algo Trading: Up to 24.11% Return in 3 Days

Algo Trading

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 3 Days (9/30/2015 – 10/2/2015)
I Know First Average: 8.39%

Algo Trading

I Know First’s 3-day forecast from the Risk-Conscious package seven out of the ten stocks increase in accordance with the algorithm’s prediction. SRPT performed extremely well, returning 24.11% during the time horizon as the algorithm indicated. Likewise, CHK and ATI were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 16.20% and 10.01% over 3 days. The average return of 8.39% during the forecasted time horizon outperforming the S&P 500 return of 3.57% during the same time.

Sarepta Therapeutics, Inc. is a biopharmaceutical company. The Company is focused on the discovery and development of unique ribonucleic acid (RNA-targeted therapeutics for the treatment of rare, infectious and other diseases. Sarepta Therapeutics, Inc. (NASDAQ: SRPT), a developer of innovative RNA-targeted therapeutics, announced additional clinical efficacy and safety data from the Company’s Phase IIb program of eteplirsen in patients with Duchenne muscular dystrophy (DMD).

Algorithmic traders utilise 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 algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast