Trend Following Based on Artificial Intelligence: Returns up to 23.21% in 14 Days

Trend Following

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Recommended Positions: Long & Short
Forecast Length: 14 Days (10/13/2017 – 10/27/2017)
I Know First Average: 2.13% (Long) & 4.54% (Short)
Trend Following

During the 14 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from ACHC which registered a return of 23.21%. For the long positions the largest growth was registered by FLIR with a return of 10.52%, during the same period. The package itself, had an overall average return of 2.13%, in the long position, providing a premium of 0.95% over the SP500’s return of 1.18%. With regards to the short position, the package had an overall average return of 4.54%, providing investors with a premium of 3.36% over S&P500’s return of 1.18%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 7 out of 10 stocks, for the short position for this 14 Days forecasted period.

Acadia Healthcare Company, Inc. develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities in the United States, the United Kingdom, and Puerto Rico. Acadia Healthcare Company, Inc. was founded in 2005 and is headquartered in Franklin, Tennessee.

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.