Stock Forecasting Algorithm Based on Algo Trading: Returns up to 21.09% in 3 Days

Stock Forecasting Algorithm

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This algorithmic forecast is for stocks with recently reported insiders’ transactions.An “insider” is any person who possesses at least one of the following:

  • access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
  • ownership of more than 10% of the company’s equity

insider trading
Package Name: Insiders Stocks
Recommended Positions: Long
Forecast Length: 3 Days (11/08/2017 – 11/11/2017)
I Know First Average: 3.99%
Stock Forecasting Algorithm

During the 3 Days forecasted period several picks in the Insiders Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was NKTR, at 21.09%. Further notable returns came from MAC and NPTN at 10.85% and 6.25%, respectively. The Insiders Stocks package had an overall average return of 3.99%, providing investors with a premium of 4.31% over the S&P 500’s return of -0.32%.

Nektar Therapeutics (NKTR), develops drug candidates that utilize its PEGylation and polymer conjugate technology platforms in the United States. Its product pipeline includes drug candidates in therapeutic areas comprising cancer, auto-immune disease, and chronic pain.

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.