Trend Following Based on Data Mining: Returns up to 42.47% in 14 Days

Trend Following

This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:

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

Pharma Stocks Forecast
Package Name: Pharma Stocks
Recommended Positions: Long
Forecast Length: 14 Days (02/26/2018 – 03/12/2018)
I Know First Average: 9.50%
Trend Following

The algorithm correctly predicted 7 out 10 of the suggested trades in the Pharma Stocks Package for this 14 Days forecast. ACHN was the highest-earning trade with a return of 42.47% in 14 Days. Additional high returns came from HSKA and HLF, at 26.97% and 16.77% respectively. The package had an overall average return of 9.50%, providing investors with a 8.20% premium over the S&P 500’s return of 1.30% during the period.

Achillion Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes small molecule drug therapies for infectious diseases and immune system disorders in the United States and internationally.

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.