Stock Pattern Recognition Based on Big Data: Returns up to 12.87% in 7 Days

Stock Pattern Recognition

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • Top 10 stocks pick for the long position
  • Top 10 stocks pick for the short position

Package Name: Top 10 Stocks
Recommended Positions: Long & Short
Forecast Length: 7 Days (07/25/2017 – 08/01/2017)
I Know First Average: 3.83% (Long) & 2.10% (Short)
Stock Pattern Recognition

During the 7 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from MDR which registered a return of 6.77%. For the long positions the largest growth was registered by ORLY with a return of 12.87%, during the same period. The package itself, had an overall average return of 3.83%, in the long position, providing a premium of 3.57% over the SP500’s return of 0.26%. With regards to the short position, the package had an overall average return of 2.10%, providing investors with a premium of 1.84% over S&P500’s return of 0.26%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 8 out of 10 stocks, for the short position for this 7 Days forecasted period.

O”Reilly Automotive, Inc., together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States.

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.