Selling Short Based on Predictive Statistics: Returns up to 17.74% in 3 Days

Selling Short

This forecast is part of the Stocks Under 10 Dollars Package for selling short, 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: Short
Forecast Length: 3 Days (10/30/2016 – 11/02/2016)
I Know First Average: 6.92%
Selling Short

During the 3 Days 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 YRCW, at 17.74%. WINT, and FCEL had notable returns of 17.07% and 12.68%. The Stocks Under 10 Dollars package had an overall average return of 6.92%, providing investors with a premium of 8.26% over the S&P 500’s return of -1.34%.

YRC Worldwide Inc. (YRCW), through its subsidiaries, provides various transportation services primarily in North America. Its YRC Freight segment offers various services to transport industrial, commercial, and retail goods; and provides specialized services

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.

How to interpret this diagram

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