Best Stocks To Short based on Machine Learning: Up to 57.40% Returns in 14 Days

Best Stocks To Short

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 pick that best fit for long position
  • top ten aggressive stocks pick that best fit for short position
  • top ten conservative stocks pick that best fit for long position
  • top ten conservative stocks pick that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 14 days (12/29/2015 – 01/12/2016)
I Know First Average: 19.57%

Best Stocks To Short

I Know First’s 14-day forecast short position correctly predicted 10 out of 10 Stocks. DRYS had the strongest return with a remarkable 57.40%. MCF and KEM had also strong returns of 34.45% and 31.91%, respectively. The average return of 19.57% during the forecasted 14-day time horizon easily outperformed the S&P 500 average that lost 5.73% during the same time window.

DryShips Inc. provides ocean transportation services for dry bulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. It’s stock fell 11,07% during Friday. The company announced slumps in earnings last quarter, primarily affected by the situation of the oil 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.

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