Quantitative Trading Based on Stock Prediction Algorithm: Returns up to 7.52% in 3 Days

Quantitative Trading

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: 3 Days (03/09/2018 – 03/12/2018)
I Know First Average: 1.90%
Quantitative Trading

I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this Top 10 Stocks Package for the 3 Days time period. The greatest return came from MU at 7.52%. LRCX and WDC also performed well for this time horizon with returns of 7.48% and 5.80%, respectively. The package itself saw an overall return of 1.90%, providing investors with a 0.29% premium above the S&P 500’s return of 1.61% for the same time period.

Micron Technology, Inc. (MU) through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules. It is a part of the Semiconductor Devices industry.

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.