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%

Stock Market Forecasting

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.

DryShips Inc. (DRYS), provides seaborne dry cargo and offshore support services. The company operates through Drybulk and Offshore Support segments. The Drybulk segment provides drybulk commodities transportation services, while the Offshore Support segment offers its services to the global offshore energy industry.

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.