Trend Prediction Algorithm Based on Big Data: Returns up to 9.08% in 7 Days

Trend Prediction Algorithm

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools thanks to trend prediction algorithm. 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: Short
Forecast Length: 7 Days (03/14/2017 – 03/21/2017)
I Know First Average: 4.36%
Trend Prediction Algorithm

9 out of 10 top stock picks from the algorithm decreased as predicted for this short-term forecasting period. RDC saw monumental growth of 9.08% in just 7 Days. IONS, and CLF also had excellent performances with returns of 8.39% and 7.85% respectively. The package had an overall average return of 4.36%, providing investors with a premium of 5.60% over the S&P 500’s return of -1.24% during the same period.

Rowan Companies plc (RDC) provides offshore oil and gas contract drilling services. It operates a fleet of 31 mobile offshore drilling units, including 27 self-elevating jack-up rigs and 4 ultra-deepwater drillships. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, and Trinidad. Rowan Companies plc (RDC) was founded in 1923 and is based in Houston, Texas.

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.