Biotech Stocks Based on Machine Learning: Returns up to 197.56% in 1 Month

June 2, 2020

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 Month (5/1/2020 – 6/1/2020)
I Know First Average: 30.68%
Biotech Stocks
Biotech Stocks chart

In this 1 Month forecast for the Biotech Stocks Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top-performing prediction in this forecast was NAVB, which registered a return of 197.56%. Additional high returns came from DVAX and TECH, at 86.35% and 16.47% respectively. The package’s overall average return was 30.68%, providing investors with a 25.76% premium over the S&P 500’s return of 4.92% during the same period.

Navidea Biopharmaceuticals, Inc. (NAVB) is a biopharmaceuticals 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.

Biotech Stocks Forecast