Biotech Stocks To Watch Based on AI: Returns up to 240.80% in 1 Year

Biotech Stocks To Watch

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: Long
Forecast Length: 1 Year (06/16/2017 – 06/16/2018)
I Know First Average: 44.46%
Biotech Stocks To Watch

For this 1 Year forecast the algorithm had successfully predicted 6 out of 10 movements. The highest trade return came from XOMA, at 240.80%. The suggested trades for IMGN and SGMO also had notable 1 Year yields of 120.97% and 115.07%, respectively. The overall average return in this BioTech Stocks package was 44.46%, providing investors with a 12.98% premium over the S&P 500’s return of 31.48% during the same period.

XOMA Corporation (XOMA), a development stage biotechnology 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

Algorithmic Currency Forecast: The table on the left is the forex forecast for the forex outlook, produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The currencies in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant currencies have been included. A green box represents a positive forecast while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).
Forecast Performance: The table on the right compares the actual currency performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual currency’s performance over the indicated time period. The “Accuracy” column shows a “v” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The “I Know First Hit Ratio” represents the algorithm’s accuracy when predicting the trend of the currency.
Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.
Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.