Best Stocks To Short Using Data Mining: Up to 30.83% Return 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 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 (8/9/2015 – 8/23/2015)
I Know First Average: 11.03% (Short)

Get the “Risk-Conscious” Package.

stocks to short

The algorithm correctly predicted that 9 of the 10 stocks would decrease during the predicted time horizon of 14 days in the Risk-Conscious stocks forecast from 08/09/2015.  The most impressive prediction was for China Eastern Airlines Corp. Ltd. (CEA), which offered an amazing return of 30.83% during the predicted time horizon to investors who shorted this stock. Other noticeable returns were NetEase, Inc. (NTSE) and Petróleo Brasileiro S.A. – Petrobras (PBR) which fell 22.73% and 12.89%, respectively. The average return from this forecast for investors who equally shorted all 10 stocks was 11.03%, offering a premium to investors over the S&P 500 return of -5.13% during the predicted time horizon.

Share prices of Brazilian energy company Petróleo Brasileiro S.A. – Petrobras (PBR) have declined over the past 2 weeks due largely in part to the falling oil prices.  The economic slowdown and oil glut in the commodities market have driven down prices to pre-2009 levels. As the world’s 2nd largest oil consumer, China’s reduced factory production levels also leads to fears of decrease oil demand.  Rumors of potential corruption charges have also played a part in PBR’s declining stock price.

Algorithmic traders utilise 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.