Healthcare Stocks Outlook Based on Algo Trading: Returns up to 15.57% in 3 Days

Healthcare Stocks Outlook

This Healthcare Stocks Package is designed for investors and analysts who need predictions of the best shares within the Healthcare Sector. It includes 20 stocks with bullish and bearish signals and indicates the best healthcare stocks to buy and sell:

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

Healthcare
Package Name: HealthCare Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/02/2019 – 04/05/2019)
I Know First Average: 3.72%
Healthcare Stocks Outlook

7 out of 10 stock prices in this forecast for the HealthCare Stocks Package moved as predicted by the algorithm. ICAD was our best stock pick this week a return of 15.57%. ORMP and RDUS followed with returns of 14.51% and 9.05% for the 3 Days period. The package saw an overall yield of 3.72% versus the S&P 500’s return of 0.89% implying a market premium of 2.83%.

iCAD, Inc. (ICAD), provides image analysis, workflow solutions, and radiation therapy for the early identification and treatment of cancer in the United States and internationally. It operates through two segments, Cancer Detection and Cancer Therapy.

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 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.