Algorithmic Trading Strategies Based on AI: Returns up to 20.37% in 7 Days

Algorithmic Trading Strategies

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on algorithmic trading strategies:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Stock Market Prediction Algorithm
Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 7 Days (12/28/2016 – 01/04/2017)
I Know First Average: 5.68%
Algorithmic Trading Strategies

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from UEC, at 20.37%. The suggested trades for MUX and SID also had notable 7 Days yields of 17.54% and 7.69%, respectively. The overall average return in this Basic Industry Stocks package was 5.68%, providing investors with a 5.60% premium over the S&P 500’s return of 0.08% during the same period.

Uranium Energy Corp. (UEC), engages in the exploration, pre-extraction, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay.

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.