Biotech Stocks Based on Algo Trading: Returns up to 107.63% in 1 Year

Biotech Stocks

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to buy for the whole Biotechnology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best biotech 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 (2/16/20 – 2/17/21)
I Know First Average: 43.21%
Biotech Stocks
Biotech Stocks chart

During the 1 Year forecasted period, several picks in the Package saw significant returns. The algorithm had correctly predicted 10 out of 10 returns. NAVB was our best stock pick this week a return of 107.63%. Further notable returns came from MNTA and PSTI at 64.62% and 62.23%, respectively. The overall average return in this Biotech Stocks Forecast package was 43.21%, providing investors with a 26.90% premium over the S&P 500’s return of 16.31% during the same period.

Navidea Biopharmaceuticals, Inc. (NAVB) is a biopharmaceutical company headquartered in Dublin, Ohio.  The company develops and commercializes precision immunodiagnostic agents and immunotherapeutics.

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.