Stocks to short Based on Data Mining: Returns up to 41.85% in 1 Month

Stocks to short

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to short for the whole Biotechnology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to trade:

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

BioTech Stocks
Package Name: BioTech Stocks
Recommended Positions: Short
Forecast Length: 1 Month (10/02/2016 – 11/02/2016)
I Know First Average: 23.60%
 Stocks to short

For this 1 Month forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return (for the short postion) came from XOMA, at 41.85%. IMGN and NVAX also performed well for this time horizon with returns of 38.43% and 35.58%, respectively. The overall average return in this BioTech Stocks package was 23.60%, providing investors with a 26.84% premium over the S&P 500’s return of -3.24% during the same period.

XOMA Corporation (XOMA) is a development stage biotechnology company. The company discovers, develops, and commercializes antibody-based therapeutics in the United States, Europe, and the Asia Pacific.

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.