Algorithmic Trading Based on Stock Prediction Algorithm: Returns up to 36.84% in 1 Month

Algorithmic Trading

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 1 Month (03/31/2017 – 05/01/2017)
I Know First Average: 6.02%
Algorithmic Trading

In this 1 Month algorithmic trading forecast for the Top 10 Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 stocks. The top-performing prediction in this forecast was AKRX, which registered a return of 36.84%. Other notable stocks were VRTX and WYNN with a return of 12.42% and 10.17%. The package had an overall average return of 6.02%, providing investors with a premium of 5.16% over the S&P 500’s return of 0.86% during the same period.

Akorn, Inc., a specialty generic pharmaceutical company, develops, manufactures, and markets specialized generic and branded pharmaceuticals, over-the-counter (OTC) drug products, and animal health products in the United States and internationally.

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.