Quant Trading: Up To 24.90% Return in 3 Days

Quant Trading

This forecast is part of the “Stocks Under 5 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short

Package Name: Stocks Under 5 Dollars
Forecast Length: 3 Days (7/28/2015 – 7/31/2015)
I Know First Average: 7.39% (Long); 5.03% (Short)

Quant Trading

The top 10 stocks for both the long and the short position were included in the Stocks Under 5 Dollars forecast from 07/28/15 that was part of the Stocks Under 5 Dollars Package. For the long position AMD had the best performance during the predicted time horizon with a remarkable return of 19.14%. Other stocks (long) with impressive performances during the time horizon were SID and ATV with returns of 13.64% and 12.37%. For the short position ESI had the best performance during the predicted time horizon with a remarkable return of 24.90% (short). Other stocks (short) with impressive performances during the time horizon were SMSI and ACI with returns of 16.95% and 14.24%.

Advanced Micro Devices (AMD) is a global semiconductor company. While many investors have short positions on AMD, this stock surprised when it came up. There is no real reason for this bounce. The company files SEC form 10-Q at the end of July. The quarterly result reported a 34.6% revenue decrease on a year-over-year basis. 

ITT Educational Services (ESI) company provides a post secondary programs in the United States. We count up 148 college locations and two traning facilities. The stock plunged after the disappointing second quarter 2015 results.

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.

How to Interpret this Diagram

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