Healthcare Stocks Based on Genetic Algorithms: Returns up to 8.43% in 3 Days

Healthcare Stocks

This Healthcare Stocks Package is designed for investors and analysts who need predictions of the best shares within the Healthcare Sector. It includes 20 stocks with bullish and bearish signals and indicates the best healthcare stocks to buy and sell:

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

Healthcare
Package Name: Healthcare
Recommended Positions: Long
Forecast Length: 3 Days (12/13/2020 – 12/16/2020)
I Know First Average: 3.37%
Healthcare Stocks
Healthcare Stocks chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. XOMA was the top performing prediction with a return of 8.43%. Other notable stocks were ARAY and INGN with a return of 6.87% and 6.47%. With these notable trade returns, the package itself registered an average return of 3.37% compared to the S&P 500’s return of 1.03% for 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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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