Quantitative 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 predictions 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 & Short
Forecast Length: 14 Days (02/27/2017 – 03/13/2017)
I Know First Average: 6.85% (Long) & 10.15% (Short)

During the 14 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from TDW which registered a return of 37.93%. For the long positions the largest growth was registered by IMGN with a return of 40.96%, during the same period. The package itself, had an overall average return of 6.85%, in the long position, providing a premium of 6.59% over the SP500’s return of 0.26%. With regards to the short position, the package had an overall average return of 10.15%, providing investors with a premium of 9.89% over S&P500’s return of 0.26%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 8 out of 10 stocks, for the short position for this 14 Days forecasted period.

ImmunoGen, Inc. (IMGN), a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology.

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.