High Risk Stocks Based on Big Data Analytics: Returns up to 73.92% in 14 Days
High Risk Stocks
This forecast is part of the Risk-Conscious Package, as one of I Know First’s equity research solutions. We determine our aggressive stock picks by screening our algorithm daily for higher volatility stocks that present greater opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories:
- Top 10 Aggressive stocks for the long position
- Top 10 Aggressive stocks for the short position
- Top 10 Conservative stocks for the long position
- Top 10 Conservative stocks for the short position
Package Name: Aggressive Stocks Forecast
Recommended Positions: Short
Forecast Length: 14 Days (8/1/24 – 8/15/24)
I Know First Average: 27.21%
8 out of 10 top stock picks from the algorithm decreased as predicted for this 14 Days forecasting period. MMAT saw monumental price change of 73.92% in just 14 Days. MULN and WHLR also had excellent performances with returns of 70.62% and 44.74% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast period. The package had an overall average return of 27.21%, providing investors with a premium of 26.83% over the S&P 500’s return of 0.38% during the same period.
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.