Trading Algorithm Based on Machine Learning: Upwards of 15% in Only 14 Days
Trading Algorithm
This stock forecast based on I Know First’s algorithmic stock scanner is designed for investors and analysts who need stock recommendations to find the best performing stocks for the whole Energy Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:
- Top 10 best energy stocks for the long position
- Top 10 best energy stocks for the short position
Package Name: Energy Stocks
Recommended Positions: Long
Forecast Length: 14 Days (09/25/16– 10/09/16)
I Know First Average: 6.45%
Get the “Energy Stocks” Package
In the 14-days period, there were many notable returns predicted by the I Know First Algorithm. Accordingly, the highest return had come from ENSCO PLC (ESV) at 15.77%. Additional notable returns came from Evolution Pete (EPM) and Clayton Williams Energy, Inc. (CWEI) at 12.29% and 11.08%, respectively. The forecast saw an overall average return of 6.45%, providing investors with a market premium of 6.96% over the S&P 500’s return of -0.51%, during the same period. The I Know First Algorithm had correctly predicted 8 out 10 stocks, during the 14-days forecast.
ENSCO PLC (ESV) is an offshore contract drilling company with 68 offshore drilling rigs located in 15 countries. The company was founded in 1975 with its headquarters in London, United Kingdom.
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
How to interpret this diagram
Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks