Short Selling Stocks Based on Data Mining: 90% Accuracy For 7 Days Forecast
Short Selling Stocks
This Short Selling Stocks forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s forecast services. The full Top 10 Stock Picks forecast includes daily stock predictors for a total of 20 stocks with bullish and bearish signals:
- Top ten stocks pick to long
- Top ten stocks pick to short
Package Name: Stocks Under 10 Dollars
Forecast Length: 7 Days (10/07/15 – 10/14/16)
I Know First Average: 6.77%
In this forecast, 90% of the stocks decreased as the I Know First algorithm correctly predicted. During the 7 days time period, the best short selling stock had come from Omeros Corp. (OMER) with a return of -19.88%. Another two companies were from Novavax Inc. (NVAX) and Ceragon Networks Ltd. (CRNT) at -13.30% and -12.33%, respectively. The I Know First overall average return for this forecast was at 6.77%, providing investors with a premium of 5.48% over the S&P 500’s return of -1.29%.
Omeros Corp. (OMER) is a biopharmaceutical company incorporated in 1994 and headquartered in Seattle, WA. The company markets OMIDRIA used for cataract surgery or intraocular lens replacement.
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.