Biotech Stocks Based on Stock Prediction Algorithm: Returns up to 70.56% in 7 Days

Biotech Stocks

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to buy 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: 7 Days (05/12/2019 – 05/19/2019)
I Know First Average: 15.41%
Biotech Stocks

9 out of 10 top stock picks from the algorithm decreased as predicted for this short-term forecasting period. INSY saw monumental growth of 70.56% in just 7 Days. NAVB, and MYL also had excellent performances with returns of 30.58% and 11.41% respectively. Finally, good returns also came from short position on NVAX resulting in gains of 10.20% at the end of the forecast horizon.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position. Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.