Quant Trading Based on Genetic Algorithm: Returns up to 31.35% in 14 Days

Quant Trading

This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services for quant trading. The full package includes daily stock predictors for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Stocks Under 10 Dollars
Recommended Positions: Long
Forecast Length: 14 Days (11/14/2016 – 11/28/2016)
I Know First Average: 11.29%
Quant Trading

This Stocks Under 10 Dollars Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was CLF with a return of 31.35%. PGNX, and AKS had notable returns of 22.88% and 21.33%. The package’s overall average return was 11.29%, providing investors with a 9.57% premium over the S&P 500’s return of 1.72% 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.

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