Stock Picking Algorithm Based on a Self-learning Algorithm: Returns up to 37.64% in 14 Days

Stock Picking Algorithm

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to buy for the whole Biotechnology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to trade based on our stock picking algorithm:

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

BioTech Stocks
Package Name: BioTech Stocks
Recommended Positions: Long
Forecast Length: 14 Days (02/26/2017 – 03/12/2017)
I Know First Average: 9.83%
Stock Picking Algorithm

During the 14 Days forecasted period several picks in the BioTech Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was IMGN, at 37.64%. Further notable returns came from PPHM and PTX at 27.65% and 17.74%, respectively. The BioTech Stocks package had an overall average return of 9.83%, providing investors with a premium of 9.61% over the S&P 500’s return of 0.22%.

ImmunoGen, Inc. (IMGN), a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology.

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.