Biotech Stocks Based on Algorithmic Trading: Returns up to 624.48% in 3 Months

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: 3 Months (4/19/2020 – 7/20/2020)
I Know First Average: 100.34%
Biotech Stocks
Biotech Stocks chart

10 out of 10 stock prices in this forecast for the Biotech Stocks Forecast Package moved as predicted by the algorithm. NVAX was the top performing prediction with a return of 624.48%. INO and LGND followed with returns of 207.14% and 33.54% for the 3 Months period. The package itself saw an overall return of 100.34%, providing investors with a 87.22% premium above the S&P 500’s return of 13.12% for the same time period.

Novavax, Inc. (NVAX) is a clinical stage biotechnology company. The Company creates novel vaccines to address a broad range of infectious diseases worldwide using proprietary virus-like particle (VLP) technology.

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.