Quant Trading Based on Pattern Recognition: Over 13% Return in 3 Days

Quant Trading

This Transportation Stocks forecast is designed for investors and analysts who need quant trading predictions for the best-performing stocks in the transport sectors using algorithmic trading strategies. It includes 20 stocks with bullish and bearish signals and indicates the best transport stocks to buy and hold:

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

Package Name: Transportation Stocks
Forecast Length: 3 Days (08/30/16 – 09/02/16)
I Know First Average: 4.85%

Quant Trading

During the 3-day stock market forecast, the algorithm had successfully predicted 8 out of 10 of the stocks in a bullish manner. The highest return had come from Matson, Inc. (MATX), at a return of 13.81%. GOL Linhas Aéreas Inteligentes S.A. (GOL) as well had a notable 3-day return of 10%. The overall average return in this Transportation package was 4.85%, providing investors with a 4.87% premium over the S&P500’s return of -0.02% during the same period.

Matson, Inc. (MATX), through its subsidiaries, operates as an ocean cargo carrier. Matson’s transportation offerings span the globe from Shanghai to Savannah and encompass everything from providing a vital lifeline to the economies of Hawaii, Alaska, Guam, Micronesia and the South Pacific to delivering a wide range of multi-modal services throughout North America.

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.

How to interpret this diagram

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