Best Biotech Stocks Based on Machine Learning: Returns up to 1035.75% in 1 Year

Best Biotech Stocks

The Best Biotech Stocks forecast is a part of the BioTech Stocks Package which designed for investors and analysts who need predictions of shares to buy for the whole Biotechnology Industry. It includes 20 shares with bullish and bearish signals and indicates the best stocks to trade:

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

BioTech Stocks
Package Name: Biotech Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Year (4/5/20 – 4/5/21)
I Know First Average: 147.78%
Best Biotech Stocks
Best Biotech Stocks chart

The algorithm correctly predicted 7 out of 10 the suggested trades for this 1 Year forecast. The highest trade return came from NVAX, at 1035.75%. Additional high returns came from CTIC and LGND, at 166.91% and 109.64% respectively. The package had an overall average return of 147.78%, providing investors with a premium of 83.92% over the S&P 500’s return of 63.86% during the same period.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.