Algo Trading System Based On Data Mining: Up To 23.34% Return In 14 Days

Algo Trading System

This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:

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

Package Name: BioTech Stocks
Forecast Length: 14 Days (03/21/16 – 04/04/16)
I Know First Average: 7.20%

Algo Trading System

The algorithm correctly predicted 8 out of the 10 stocks forecasted to increase in the biotech stocks package during the 14-day period starting from March 21st. The most impressive prediction was for MDVN, which offered a return of 23.34% to investors. The average return from this forecast was 7.20% for investors who invested evenhandedly in the top stocks for the long position. The S&P 500 saw growth of just 0.81% for the period.

Medivation, Inc. (MDVN), a biopharmaceutical company, focuses on the development and commercialization of medical therapies to treat serious diseases in the United States. The company stock is surging this week with rumors of a potential takeover circulate.

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.