Algo-Trading

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

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

Package Name: Risk-Conscious
Forecast Length: 1 Month (8/21/2014 – 9/21/2015)
I Know First Average: 5.59% (long) & 2.57% (short)

The top 10 stocks for both the long and the short position were included in the Risk-Conscious forecast from 08/10/14 that was part of the Risk-Conscious Package. For the long position MDR had the best performance during the predicted time horizon with a remarkable return of 20.71%. Other stocks (long) with impressive performances during the time horizon were SHK and SRPT with returns of 20.0% and 14.31%. For the short position JOY had the best performance during the predicted time horizon with a remarkable return of 30.14% (short). Other stocks (short) with impressive performances during the time horizon were AIXG and RAD with returns of 17.91% and 12.84%.

McDermott International (MDR) is an American company based in Houston, Texas which provides equipments and services in the oil and gas industry. They design and execute offshore oil and gas projects. Its shares has soared on August 27th after the firm has concluded a long term contract with Saudi Aramco. It is the largest deal in the company’s history in the Middle East. Its share’s rebound also comes from the rally of oil prices during this time horizon above the $40 per barrel level.

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.