Stock Scanner Based on Algo Trading: Up to 13.04% in 3 Days

Stock Scanner

This Stock Analysis is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment 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 (08/11/16 – 08/14/16)
I Know First Average: 4.05%

Stock Scanner

In this forecast, 7 out of 10 top stocks increased as predicted by the algorithm. CRC returned 13.04%, making it the highest returning stock of this package. Other significant returns came from RTK and CWEI with 11.23% and 9.80%. The average return for this package was 4.05% as opposed to the S&P 500’s growth of 0.39% in the same time period.

California Resources Corporation (CRC) is exploring and producing oil and natural gas mainly in the state of California. It produces oil, natural gas, and natural gas liquids. As of December 31, 2015, it had net proved reserves of 644 million barrels of oil equivalent.

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.

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