Short Term Stocks Based on Algo-Trading: 198.25% in 3 Days

Short Term Stocks

This forecast is part of the Risk-Conscious Package, as one of I Know First’s equity research solutions. We determine our aggressive stock picks by screening our algorithm daily for higher volatility stocks that present greater opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories:

  • Top 10 Aggressive stocks for long position
  • Top 10 Aggressive stocks for short position
  • Top 10 Conservative stocks for long position
  • Top 10 Conservative stocks for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 3 Days (11/09/2016 – 11/12/2016)
I Know First Average: 28.19%
Short Term Stocks

In this 3 Days forecast for the Risk-Conscious Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 stocks. The top-performing prediction in this forecast was DRYS, which registered a return of 198.25%. Further notable returns came from LABU and EXEL at 45.88% and 31.52%, respectively. The package had an overall average return of 28.19%, providing investors with a premium of 27.03% over the S&P 500’s return of 1.16% during the same period.

DryShips Inc. (DRYS) was founded in 2004 and has a contract offshore drilling business that operates drybulk carriers. The Company transports commodities including iron ore, coal, and grain, and minor bulks such as bauxite, phosphate and steel products.

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.