Trend Following Based on Machine Learning: Returns up to 20.28% in 3 Days

Trend Following

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to buy for the whole Biotechnology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to trade using trend following:

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

BioTech Stocks
Package Name: BioTech Stocks
Recommended Positions: Long
Forecast Length: 3 Days (03/08/2017 – 03/11/2017)
I Know First Average: 5.05%
Trend Following

This BioTech Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was XOMA with a return of 20.28%. KITE, and IMGN had notable returns of 12.92% and 12.69%. The package’s overall average return was 5.05%, providing investors with a 4.87% premium over the S&P 500’s return of 0.18% during the same period.

XOMA Corporation (XOMA), a development stage biotechnology company, discovers, develops, and commercializes antibody-based therapeutics in the United States, Europe, and the Asia Pacific.

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.