Algorithmic Trading: Up to 21.12% Return in 3 Days

Algorithmic Trading

This forecast is part of the “Top 10 Stock Picks” 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
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 3 Days (10/30/2015 – 11/03/2015)
I Know First Average: 8.87%

algorithmic trading

All 10  stocks included in the Top 10 Stocks forecast from 10/30/15 increased in accordance with the algorithm’s prediction for the 3 days time horizon. The top performing stock was CNX with a return of 21.12%. CIE and PBR also had strong returns of 15.50% and 15.15%, respectively. Investors using the I Know First service who invested evenly in these stocks would have returned  11.56%, compared to the S&P 500 return of 9.37% during the same time period.

CONSOL Energy Inc. is an integrated energy company. The Company operates through two divisions: oil and gas exploration and production (E&P), and coal mining. Both the E&P and coal mining department have been struggling of late, with the natural gas prices and coal prices having taken a steep drop in the past year. This has caused Deustche Bank to lower the target price of Consol energy from $13 to $6.