Algorithmic Trading Based on Pattern Recognition: Returns up to 41.41% in 1 Month

Algorithmic Trading

The Small Cap Package includes recommendations by the I Know First algorithm for stocks with a market capitalization of less than $1 billion:

  • Top 10 Small Cap stocks for the long position
  • Top 10 Small Cap stocks for the short position

Package Name: Small Cap Stocks
Recommended Positions: Long & Short
Forecast Length: 1 Month (01/08/2017 – 02/08/2017)
I Know First Average: 8.56% (Long) & 9.37% (Short)
Algorithmic Trading

During the 1 Month forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from DRYS which registered a return of 83.54%. For the long positions the largest growth was registered by TGB with a return of 41.41%, during the same period. The package itself, had an overall average return of 8.56%, in the long position, providing a premium of 7.78% over the SP500’s return of 0.78%. With regards to the short position, the package had an overall average return of 9.37%, providing investors with a premium of 8.59% over S&P500’s return of 0.78%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 7 out of 10 stocks, for the short position for this 1 Month forecasted period.

Descrição oficial da empresa: DryShips Inc. (DRYS) was founded in 2004 and has a contract offshore drilling business that operates drybulk carriers. The Company transports commodities including iron ore, coal, and grain, and minor bulks such as bauxite, phosphate and steel products.

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

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