Biotech Stocks Based on Machine Learning: Returns up to 59.08% in 14 Days

September 22, 2019

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: 14 Days (9/8/2019 – 9/22/2019)
I Know First Average: 15.75%
Biotech Stocks
Biotech Stocks chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The highest trade return came from NAVB, at 59.08%. CTIC and IMGN also performed well for this time horizon with returns of 26.2% and 16.55%, respectively. The Biotech Stocks Forecast package had an overall average return of 15.75%, providing investors with a premium of 15.30% over the S&P 500’s return of 0.45%.

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