Algorithmic Trading: Up To 19.03% Return In 7 Days
Algorithmic Trading
This forecast is part of the “Stocks Under 10 Dollars” 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
Package Name: Stocks Under 10 Dollars
Forecast Length: 7 Days (9/8/2015 – 9/15/2015)
I Know First Average: 7.39%
The top 10 stocks for the long position were included in the Stocks Under 10 Dollars forecast from 9/8/15 that was part of the Stocks Under 10 Dollars Package. For the long position SGMO had the best performance during the predicted time horizon with a solid return of 19.03%. Other stocks with positive performances during the time horizon were GELYF and IDCBF, with returns of 16.96% and 10.25%.
Sangamo BioSciences, Inc. (SGMO) is a clinical stage biopharmaceutical company. The Company is engaged in the research, development and commercialization of zinc finger deoxyribonucleic acid (DNA)-binding proteins (ZFPs), a naturally occurring class of proteins. The stock price fell precipitously a few weeks ago along with the overall biotech and stock market. The algorithm correctly predicted that the stock had become undervalued, as it rebounded by over 19% during the next two weeks falling the crash in the stock price.
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.