Biotech Stocks Based on Genetic Algorithms: Returns up to 101.66% in 7 Days

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: 7 Days (1/3/2020 – 1/11/2020)
I Know First Average: 13.6%
Biotech Stocks
Biotech Stocks chart

During the 7 Days forecasted period several picks in the Biotech Stocks Forecast Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The greatest return came from GENE at 101.66%. NAVB and PLX saw outstanding returns of 18.61% and 15.45%. The package had an overall average return of 13.6%, providing investors with a premium of 13.37% over the S&P 500’s return of 0.23% during the same period.

Genetic Technologies Limited, a molecular diagnostics company, provides predictive testing and assessment tools to help physicians manage the women’s health. The company’s lead product is the BREVAGenplus, a clinically validated risk assessment test for non-hereditary breast cancer. It markets BREVAGenplus to healthcare professionals in breast health care and imaging centers, as well as to obstetricians/gynecologists and breast cancer risk assessment specialists, such as breast surgeons primarily in Australia and the United States. Genetic Technologies Limited was founded in 1989 and is headquartered in Fitzroy, Australia.

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.