Stock Recommendations Based On Machine Learning: Up To 18.42% Return Over 14 Days
Stock Recommendations
This forecast is part of the “Top 10 Stock Picks” 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
- S&P 500 forecast
Package Name: Top 10 Stocks
Forecast Length: 14 Days (07/09/2015 – 07/23/2015)
I Know First Average: 4.45%
Get the “Top 10 Stocks”-Package
8 of the 10 stocks included in the Top 10 Stocks forecast from 07/09/15 increased in accordance with the algorithm’s prediction for the 14 Day time horizon. The top performing stock was Alnylam Pharmaceuticals (ALNY) with incredible returns of 18.42%. Yanzhou Coal Mining Co. Ltd., (YZC) also posted outstanding returns of 13.38% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of 2.71% by 1.74% during the predicted time horizon.
Alnylam Pharmaceuticals saw an increase in share price during the time it announce initiation of Phase 3 of a study on an investigational RNAi for the treatment of TTR-Mediated Amyloidosis in patients with in patients with Familial Amyloidotic Polyneuropthy. During this phase, Alnylam will study the long term safety and efficacy of the treatment. With continued positive results from this study, ALNY expects to file a new drug application in 2017. These positive results keep ALNY on track to meet their goal of having 3 marketed products by 2020, as well as 10 clinical trials underway at that time. Of the 10 trials expected to be underway in 2020, ALNY hopes to have 4 of these in the later trail stages at that time.
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.
