Algorithmic Trading Based on Predictive Statistics: Over 95% Return In 1 Year

Algorithmic Trading

This stock picker analysis is part of the “Top 10 Stock Picks” package, as one of I Know First’s systematic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 10 stocks with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short

Package Name: Top 10 Stocks
Forecast Length: 1 Year (09/27/15 – 09/27/16)
I Know First Average: 16.54%

Algorithmic Trading

The I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 stocks in this S&P 500 stocks forecast 1 year time period starting June 27th. Medivation, Inc. (MDVN) excelled, seeing an increase of 95.58%. Equinix, Inc. (EQIX) and Old Second Bancorp, Inc. (OSBC) also performed well for this time horizon with a return of 37.80% and 34.62%. The package itself saw overall growth of 16.54%, providing investors with a 4.70% premium above the S&P 500’s growth of 11.84% for the same time period.

Medivation, Inc. (MDVN), a biopharmaceutical company, focuses on the development and commercialization of medical therapies to treat serious diseases in the United States. It offers Xtandi for the treatment of post-chemotherapy metastatic castration-resistant prostate cancer (CRPC) patients.

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.