High Risk, High Reward Stock

This forecast is part of the Risk-Conscious Package, as one of I Know First’s equity research solutions, for High Risk, High Reward Stock. We determine our aggressive stock picks by screening our algorithm daily for higher volatility stocks that present greater opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories:

• Top 10 Aggressive stocks for long position
• Top 10 Aggressive stocks for short position
• Top 10 Conservative stocks for long position
• Top 10 Conservative stocks for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 3 Days (11/06/2016 – 11/09/2016)
I Know First Average: 9.39%

For this 3 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The prediction with the highest return was CLF, at 26.81%. Further notable returns came from EXEL and CLD at 26.11% and 13.35%, respectively. The package had an overall average return of 9.39%, providing investors with a premium of 5.65% over the S&P 500’s return of 3.74% during the same period.

Cliffs Natural Resources Inc. (CLF), is a natural resources company, which produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore.

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.