High Risk, High Reward Stock Based on Neural Networks: Return up to 37.88% in 1 Month

High Risk, High Reward Stock

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

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

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 1 Month (05/17/2016 – 06/17/2016)
I Know First Average: 10.15%

High Risk, High Reward Stock

7 out of 10 top stocks increased as predicted by the algorithm with PES being the top-earning stock with a return of 37.88%. OGXI returned 21.35%, KEM returned 14.12%, UUUU returned 12.71%, and CRNT returned 10.81%. The package average was 10.15% compared to the S&P 500’s slow growth of 0.22%.

Pioneer Energy Services Corp. (PES), provides land-based drilling and production services to oil and gas exploration and production companies in the United States and Colombia. The rise in stocks prices is due to a rise in the cost of Crude oil barrels, topping the 50$ mark.

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 algorithmic traders.

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Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.