Algo Trading Based On Data Mining: Reaching Over 80% Return

Algo Trading

The best Canadian Stocks based on machine learning forecast is part of the “Canadian Stocks” package, as one of I Know First’s systematic trading tools. The full forecast includes daily predictions for a total of 20 top Canadian stocks with bullish and bearish signals:

  • Top ten Canadian stocks pick to long
  • Top ten Canadian stocks pick to short

Package Name: Canadian Stocks 
Recommended Positions: Long
Forecast Length: 3 Months (05/29/16 – 08/29/16)
I Know First Average: 20.24%


Algo Trading

During the 3-month forecasted period, there were many high notable returns. The highest had come from Teck Resources Ltd (TCK-B.TO), at a return of 80.91%. Additional high returns were from Silver Wheaton Corp. (SLW.TO) and Encana Corp (ECA.TO), at returns of 47.34% and 30.16% respectively. With these high-returning stocks, the package had an overall average return of 20.24%, providing investors with a premium of 16.37% over the S&P500’s return of 3.87% during the same period. The algorithm had correctly predicted 9 out 10 stocks correctly for the 3 month forecast.

Teck Resources Ltd (TCK-B.TO) is a Canadian mining and metals company and is the largest diversified resources company in Canada.

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 algorithmic traders.

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Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.