Long Term Stock Picks Based on Pattern Recognition: Returns up to 32.13% in 1 Month

Long Term Stock Picks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 1 Month (07/01/2018 – 08/01/2018)
I Know First Average: 4.01%
Long Term Stock Picks

The algorithm correctly predicted 7 out 10 of the suggested trades in the Top 10 Stocks Package for this 1 Month forecast. ENDP was the highest-earning trade with a return of 32.13% in 1 Month. Additional high returns came from WCG and IRBT, at 9.80% and 4.24% respectively. The package had an overall average return of 4.01%, providing investors with a 0.52% premium over the S&P 500’s return of 3.49% during the period.

Endo International plc is a generics and specialty branded pharmaceutical company. The Company operates through three segments: U.S. Generic Pharmaceuticals, U.S. Branded Pharmaceuticals and International Pharmaceuticals.

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.