Trading Algorithm Based on Deep Learning: Over 40% Return

Trading Algorithm

This Trend Following forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s forecast services. The full Top 10 Stock Picks forecast includes daily stock predictors for a total of 20 stocks with bullish and bearish signals:

  • Top ten stocks pick to long
  • Top ten stocks pick to short

Package Name: Stocks Under 10 Dollars
Forecast Length: 14 Days (08/10/2016 – 08/24/2016)
I Know First Average: 11.93%

Trading Algorithm

During the short 14-day forecasted period, the I Know First algorithm had predicted notable high returns. The highest return had from Bovie Medical Corporation (BVX), at 42.86%. Other noteworthy stocks with strong growths during the same time period include Kratos Defense & Security Solutions, Inc (KTOS) and Ocwen Financial Corp (OCN), which saw returns of 32.20% and 22.18%, respectively. The I Know First average return for this forecast was 11.93%, providing a premium of 12.22% over the SP500’s return of -0.29%. In this forecast 7 out of 10 stocks increased as the I Know First algorithm predicted.

Bovie Medical Corporation (BVX), a medical device company, develops, manufactures, and markets electrosurgical devices and related medical products used in doctor’s offices, surgery centers, and hospitals worldwide.

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.

How to interpret this diagram

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