Stock Picking Algorithms Based on Artificial Intelligence: Returns up to 10.12% in 3 Days

Stock Picking Algorithms

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
Forecast Length: 3 Days (03/02/2018 – 03/05/2018)
I Know First Average: 3.55%

This Top 10 Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was VEEV with a return of 10.12%. RSPP, and CNX had notable returns of 6.95% and 6.21%. The package’s overall average return was 3.55%, providing investors with a 1.93% premium over the S&P 500’s return of 1.62% during the same period.

Veeva Systems Inc. (VEEV) provides industry cloud software and data solutions for the life sciences industry in North America, the European Union, the Asia Pacific, and internationally. The company offers Veeva CRM family of applications for multichannel customer relationship management applications that allow pharmaceutical and biotechnology companies to market and sell compliantly to physicians, other healthcare professionals, and healthcare organizations through multiple touch points, including in-person, email, and online; and Veeva Vault, a cloud-based content and information management solution that enables the management of content-centric processes in various commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It also provides Veeva Network master data management solutions for the management of customer master and product master data. In addition, the company offers data and data services, such as Veeva OpenData customer data, compliance data, data services, and email services for customer reference data, as well as Veeva KOL data and services for various opinion leader data. Further, it provides professional and support services in the areas of implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; technical consulting services related to data migration and systems integrations; training on its solutions; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. (VEEV) in April 2009. Veeva Systems Inc. (VEEV) was founded in 2007 and is headquartered in Pleasanton, 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 subscribers.

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