Stock Market Forecasting Based on Data Mining: Almost 42% Short Position Yield In 1 Month
Stock Market Forecasting
This Algo Trading recommendation for small cap is the best stocks to invest in which was determined by the I Know First algorithm using quant trading based on machine learning for stocks with a market capitalization of less than a billion dollars.
- 10 Best Small Cap stocks for the long position
- 10 Best Small Cap stocks for the short position
Package Name: Small Cap Stocks
Recommended Positions: Short
Forecast Length: 1 Months (10/02/16– 11/02/16)
I Know First Average: 16.13%
This small cap stock forecast had correctly predicted 9 out of 10 stock movements showing top stock picks. The top performing stock from this package was DryShips Inc. (DRYS) with a return of -41.63% for the short position. VNR and FGP as well had notable returns, for this 1 month short position, at -32.42% and -29.73%, respectively. The package’s overall average return had been 16.13%, providing investors with a 19.37% premium over the S&P 500’s return of -3.24%, during the same period.
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.