Algorithm Trading: Up To 50.38% Return in 14 Days

Algorithm Trading

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 (11/13/15 – 11/27/15)
I Know First Average: 13.42%

Algorithm Trading

The algorithm correctly predicted 10 out of the 10 stocks forecasted to increase during the predicted time horizon of 14 days in the biotech stocks package forecast from 1o/9/2015. The most impressive prediction was for SRPT, which offered a return of 50.38% during the predicted time horizon to investors who bought this stock. The average return from this forecast for investors was 13.42%, offering a premium to investors over the S&P 500 return of 2.16% during the predicted time horizon.

Sarepta Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery and development of RNA-based therapeutics for the treatment of rare, infectious, and other diseases. Sarepta Therapeutics now appears to have the only approvable drug for Duchenne muscular dystrophy following a very critical recent assessment by Food and Drug Administration scientists of competitor BioMarin Pharmaceutical’s drug, Drisapersen, and a negative review of the BioMarin drug last Tuesday by an FDA advisory panel.

 

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.