Energy Sector Outlook Based on Artificial Intelligence: Returns up to 5.83% in 3 Days

Energy Sector Outlook

The Energy Stocks Package is based on the I Know First algorithm and is designed for investors and analysts who need recommendations for the best performing stocks for the whole Energy Industry. It includes 40 stocks with bullish and bearish signals and indicates the best energy stocks to buy and sell:

    • Top 20 Energy stocks for the long position
    • Top 20 Energy stocks for the short position


Package Name: Energy Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/18/2019 – 04/22/2019)
I Know First Average: 1.28%
Energy Sector Outlook

This Energy Stocks Package forecast had correctly predicted 16 out of 20 stock movements. The top performing prediction from this package was PES with a return of 5.83%. WPX, and PE had notable returns of 4.46% and 4.41%. The package’s overall average return was 1.28%, providing investors with a 1.02% premium over the S&P 500’s return of 0.26% during the same period.

Pioneer Energy Services Corp. (PES), provides land-based drilling and production services to oil and gas exploration and production companies in the United States and Colombia. The company’s Drilling Services segment offers contract land drilling services in Texas, North Dakota, Appalachia, and Colombia. As of December 31, 2015, this segment operated a fleet of 31 drilling rigs. Its Production Services segment provides well servicing, wireline services, and coiled tubing services to exploration and production companies in the onshore oil and gas producing regions in the Mid-Continent and Rocky Mountain states; and in the onshore and offshore Gulf Coast. As of December 31, 2015, this segment operated a fleet of 114 rigs with 550 horsepower and 11 rigs with 600 horsepower; 125 wireline units; and 12 onshore and five offshore coiled tubing units. The company was formerly known as Pioneer Drilling Company and changed its name to Pioneer Energy Services Corp. (PES) in 2012. Pioneer Energy Services Corp. (PES) was founded in 1968 and is headquartered in San Antonio, Texas.

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 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 20 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.