Best Short Term Stocks Based on Algorithm: Up to 11.77% Return in 14 Days
Best Short Term Stocks
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: 14 Days (10/2/2015 – 10/16/2015)
I Know First Average: 11.77%
I Know First’s 14-day forecast from the Risk-Conscious package seven out of the ten stocks increase in accordance with the algorithm’s prediction. BGC performed well, returning 28.67% during the time horizon as the algorithm indicated. Likewise, MT and ATI were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 26.79% and 21.03% over 14 days. The average return of 11.77% during the forecasted time horizon outperformed the S&P 500 return of 5.68% during the same time.
General Cable Corporation (BGC) is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The company operates in North America, Latin America. During the month of September recently shut down their markets in China, Australia, New Zealand, and Thailand, so that they can capitalize more in other regions. They sold the Asian-Pacific Ops for $205M.