Algorithmic Trading Strategy Based on Machine Learning: Returns up to 49.78% in 7 Days

Algorithmic Trading Strategy

This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:

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

Pharma Stocks Forecast
Package Name: Pharma Stocks
Recommended Positions: Long
Forecast Length: 7 Days (05/03/2017 – 05/10/2017)
I Know First Average: 9.30%
algorithmic trading strategy

The algorithmic trading strategy used resulted in 7 out of 10 stock prices accuracy for this forecast in the Pharma Stocks Package. PTX was our best stock pick this week a return of 49.78%. VRX and ENDP followed with returns of 22.99% and 11.67% for the 7 Days period. The package saw an overall yield of 9.30% versus the S&P 500’s return of 0.35% implying a market premium of 8.95%.

Pernix Therapeutics Holdings, Inc. (PTX), a specialty pharmaceutical company, develops, manufactures, markets, and sells pharmaceutical 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.