Stock Valuation Based on Algorithmic Trading: Returns up to 59.51% in 14 Days

Stock Valuation

This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictors 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

Package Name: Stocks Under 10 Dollars
Recommended Positions: Short
Forecast Length: 14 Days (10/19/2016 – 11/02/2016)
I Know First Average: 12.56%
Stock Valuation

For this 14 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from SGY, at 59.51%. Other notable stocks were CPST and SMSI with a return of 22.73% and 21.11%, accordingly. The overall average return in this Stocks Under 10 Dollars package was 12.56%, providing investors with a 14.51% premium over the S&P 500’s return of -1.95% during the same period.

Stone Energy (SGY) is an independent oil and natural gas company engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. Their main area of involvement is in the Gulf of Mexico (GOM) and have been operating there since 1993, when they were established.

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.