Algo Trading: Up to 18.71% Return in 3 days

Algo Trading

Using stock market prediction algorithm to forecast energy stocks: This Energy Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole Energy Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

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

Package Name: Energy Stocks
Forecast Length: 3 Days (01/21/16 – 01/24/16)
I Know First Average: 10.85%

Algo Trading

DVN grew by 18.71% in just 3-days, categorizing itself as the top performing stock in the Energy Stocks forecast for that time period. Another top performing stock was CXO that grew by 18.41%, with an astonishing return of ten out of the ten stocks that increased in accordance with the algorithm’s prediction. As well as, GEL also offered strong returns of 17.13%, Within the predicted 3-days, it performed very well in the Energy Package. The average return of the forecast was 10.85%, which was much greater than the S&P 500 return of 2.56% during the same time horizon.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. The price of the commodity is trading in the green as advancing oil prices.

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