High Risk, High Reward Stock Based on Data Mining: Up to 68.51% in 14 Days

High Risk, High Reward Stock

This Stock Analysis is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stocks and conservative stock picks by screening our stock market algorithm daily for higher volatility stocks that present more opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks pick that best fit for long position
  • top ten aggressive stocks pick that best fit for short position
  • top ten conservative stocks pick that best fit for long position
  • top ten conservative stocks pick that best fit for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 14 Days (07/29/16 – 08/12/16)
I Know First Average: 22.95%

High Risk, High Reward Stock

In this forecast, 7 out of 10 top stocks increased as predicted by the algorithm. OCN returned 68.51%, making it the highest returning stock of this package. Other significant returns came from CWEI and BCRX with 59.43% and 45.66%. The average return for this package was 22.95% as opposed to the S&P 500’s growth of 0.64% in the same time period.

Ocwen Financial Corp. (OCN), is a financial services holding company that engages in servicing and origination of mortgage loans in the United States. The company is based in West Palm Beach, Florida and was founded in 1988.

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 algorithmic traders.

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