Quant Trading Based on Predictive Statistics: Returns up to 96.94% in 1 Month

Quant Trading

This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. 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: 1 Month (10/18/2016 – 11/18/2016)
I Know First Average: 20.75%
Quant Trading

During the 1 Month forecasted period several picks in the Stocks Under 10 Dollars Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was MTL, at 96.94%. Further notable returns came from VOXX and ARRY at 52.70% and 22.95%, respectively. The Stocks Under 10 Dollars package had an overall average return of 20.75%, providing investors with a premium of 18.14% over the S&P 500’s return of 2.61%.

Mechel Sp ADR (MTL) engages in mining and steel businesses in Asia,the Russian Federation, the Commonwealth of Independent States, Europe, the Middle East, the United States, and internationally. Mechel PAO works in three different sectors,Mining, Steel, and Power. The company was build in 2013 and is based in Moscow, the Russian Federation.

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.