Stock Forecasting Algorithm Based on Predictive Analytics: Returns up to 139.11% in 1 Month
Stock Forecasting Algorithm
Stock Forecasting Algorithm. This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:
- Top 10 Pharmaceutical stocks for the long position
- Top 10 Pharmaceutical stocks for the short position
Package Name: Pharma Stocks
Recommended Positions: Long
Forecast Length: 1 Month (08/11/2017 – 09/11/2017)
I Know First Average: 21.16%
In this 1 Month forecast for the Pharma Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 stocks. The top-performing prediction in this forecast was XOMA, which registered a return of 139.11%. Other notable stocks were IPXL and SRPT with a return of 23.08% and 20.42%. The package had an overall average return of 21.16%, providing investors with a premium of 19.11% over the S&P 500’s return of 2.05% during the same period.
XOMA Corporation (XOMA), a development stage biotechnology company, discovers, develops, and commercializes antibody-based therapeutics in the United States, Europe, and the Asia Pacific.
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.