Stock Picking Algorithms Based on Artificial Intelligence: Returns up to 38.18% in 1 Month

Stock Picking Algorithms

This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

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Package Name: Stocks Under 5 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (04/17/2018 – 05/17/2018)
I Know First Average: 15.23%
Stock Picking Algorithms

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Stocks Under 5 Dollars Package for the 1 Month time period. The greatest return came from DNR at 38.18%. ASNA and CLSN also performed well for this time horizon with returns of 35.27% and 22.22%, respectively. The package itself saw an overall return of 15.23%, providing investors with a 13.65% premium above the S&P 500’s return of 1.58% for the same time period.

Denbury Resources Inc. (DNR) operates as an independent oil and natural gas company in the United States. The company primarily focuses on enhanced oil recovery utilizing carbon dioxide. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2015, the company had 288.6 million barrels of oil equivalent of estimated proved oil and natural gas reserves. Denbury Resources Inc. (DNR) was founded in 1951 and is headquartered in Plano, Texas.

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