Stock-Picking based on Algo Trading: 21.28% in 3 Days

Stock-Picking

This stock trends forecast is part of the “Risk-Conscious” package, as one of I Know First’s stock-picking solutions. We determine our aggressive stocks and conservative stock picks by screening our stock market algorithm daily for higher volatility stocks that present more opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks pick that best fit for long position
  • top ten aggressive stocks pick that best fit for short position
  • top ten conservative stocks pick that best fit for long position
  • top ten conservative stocks pick that best fit for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 3 Days (08/12/16 – 08/16/16)
I Know First Average: 6.77%

Stock-Picking

In this forecast, 8 out of 10 top stocks increased as the algorithm predicted.  Rentech Inc. (RTK) returned 73.91%, making it the highest returning stock of this package. Other significant returns came from Clayton Williams Energy, Inc. (CWEI) and Gol Linhas Aereas Inteligentes SA (GOL) with 13.04% and 11.54%. The average return for this package was 6.77% compared to the S&P 500’s slide of 0.35% in the same time period.

Rentech, Inc. (RTK) provides wood fiber processing services, wood chips, and wood pellets and sells its products in North and South America. The company was founded in 1980 and is based in Los Angeles, California.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.