Energy Stocks Based on Big Data: Returns up to 23.75% in 7 Days

Energy Stocks

The Energy Stocks Package is based on the I Know First algorithm and is designed for investors and analysts who need recommendations for the best performing stocks for the whole Energy Industry. It includes 20 stocks with bullish and bearish signals and indicates the best energy stocks to buy and sell:

  • Top 10 Energy stocks for the long position
  • Top 10 Energy stocks for the short position

Package Name: Energy Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (9/1/2019 – 9/9/2019)
I Know First Average: 6.77%
Energy Stocks
Energy Stocks chart

During the 7 Days forecasted period several picks in the Energy Stocks Forecast Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The greatest return came from NE at 23.75%. Further notable returns came from NOV and CRR at 17.28% and 14.54%, respectively. The package had an overall average return of 6.77%, providing investors with a 4.99% premium over the S&P 500’s return of 1.78% during the period.

Noble Corporation (NE) plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of February 25, 2016, the company operated a fleet of 30 drilling rigs consisted of 14 jackups, 8 drillships, and 8 semisubmersibles, which included 1 high-specification, harsh environment jackup under construction. Noble Corporation (NE) plc was founded in 1921 and is headquartered in London, the United Kingdom.

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.