Trend Prediction Algorithm Based on Predictive Analytics: Returns up to 23.63% 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. The full package includes a daily prediction for a total of 10 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
Forecast Length: 7 Days (04/02/2017 – 04/09/2017)
I Know First Average: 3.47%
Trend Prediction Algorithm

The trend prediction algorithm correctly predicted 6 out 10 of the suggested trades in the Top 5 Stocks Package for this 7 Days forecast. AKRX was the highest-earning trade with a return of 23.63% in 7 Days. Additional high returns came from FMC and VRTX, at 8.12% and 5.97% respectively. The package had an overall average return of 3.47%, providing investors with a 3.77% premium over the S&P 500’s return of -0.30% during the period.

Akorn, Inc., a specialty generic pharmaceutical company, develops, manufactures, and markets specialized generic and branded pharmaceuticals, over-the-counter (OTC) drug products, and animal health products 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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.