I Know First Algorithm Review: August 2nd 2016

I Know First Algorithm Review

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s April 26th, 2016 stock forecast titled “Stock Prediction Algorithm: 140.00% in 3 Months

This forecast is part of the “Stocks Under 5 Dollars” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 50.18% over 3 months versus the S&P 500’s return of 3.86% over the same time period.

 

Algorithm Review

Learn how to read the predictions: Instructions

Learn how to strategize with the forecast: Algorithmic Trading Strategies 

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

Gol Linhas Aéreas Inteligentes S.A (GOL)

Algorithm Review

Signal: 320.77

Predictability: 0.35

Return: 140.00%

Gol Linhas Aéreas Inteligentes S.A. is the largest low-cost airline in South America and the second largest Brazilian airline company by market share and fleet size. The company had a signal strength of 320.77 and a predictability indicator of 0.35. In accordance with the algorithm’s prediction, the stock price increased 140%. This can be attributed to the sale which Looks Imminent as Brazil lifts restriction on foreign ownership.

Denbury Resources Inc (DNR)

Algorithm Review

Signal: 252.1

Predictability: 0.54

Return: -26.58%

Founded in 1951, Denbury Resources Inc. is a company that engages in the exploration and production of natural gases and petroleum. The company had a signal strength of 252.1 and a predictability indicator of 0.54. The I Know First algorithm accurately predicted a negative return of -26.58%. The Company plans to issue its financial and operating results prior to the market opening.

 Natural Resource Partners L.P (NRP)

Algorithm Review

Signal: 189.69

Predictability: 0.64

Return: 69.7%

Natural Resource Partners L.P. owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, natural gas and crude oil, construction aggregates, frac sand and other natural resources. The company had a signal strength of 189.69 and a predictability indicator of 0.64. The I Know First algorithm accurately predicted a negative return of 69.7%.

Coeur Mining, Inc (CDE)

Algorithm ReviewSignal: 145.44

Predictability: 0.44

Return: 87.92%

Coeur Mining, Inc. is a company that mines precious metals. It is the world’s largest primary silver producer and as well as a major producer of low-cost gold. Its main office is located in Coeur d’Alene, Idaho. The company had a signal strength of 145.44 and a predictability indicator of 0.44. As predicted by the I Know First algorithm, the stock price skyrocketed 87.92%. This increase is due to the soaring prices of silver and gold.

American Superconductor (AMSC)

Algorithm Review

Signal: 129.45

Predictability: 0.53

Return: -2.9%

American Superconductor is an American energy technologies company based in Devens, Massachusetts specializing in the design and manufacture of power systems and superconducting wire. The company had a signal strength of 129.45 and a predictability indicator of 0.53. The stock decreased 2.9% during this 3 Months period.

Cliffs Natural Resources Inc (CLF)

Algorithm Review

Signal: 124.66

Predictability: 0.43

Return: 83.25%

Cliffs Natural Resources Inc. is a major supplier in the production of iron and steel that offers US steelmakers raw materials. Today, Cliffs Natural Resources Inc. is also the largest iron ore producer of pellets in North America, while being one of the most cost-effective producers in the world. The company had a signal strength of 124.66 and a predictability indicator of 0.43. In accordance with the algorithm’s prediction, the stock price increased 83.25%. This is due to the expected increase in the price of steel, as well as the company trying to reduce debt and their reopening of a mine ahead of schedule.

Sabesp (SBS)

Algorithm Review

Signal: 123.48

Predictability: 0.63

Return: 32.4%

Sabesp is a Brazilian water and waste management company owned by São Paulo state. It is the largest waste management company in the world by market capitalization, providing water and sewage services to residential, commercial and industrial users in São Paulo. Sabesp has a signal strength of 123.48 and predictability of 0.63. I Know First’s algorithm accurately predicted an increase of 32.4%.

Advanced Micro Devices, Inc. (AMD)

Algorithm ReviewSignal: 118.32

Predictability: 0.38

Return: 84.2%

Advanced Micro Devices, Inc. creates and develops computer processors and similar technologies for companies such as Dell, Lenovo, and HP. Advanced Micro Devices, Inc. has a signal strength of 118.32 and predictability of 0.38. I Know First’s algorithm accurately predicted an increase of 84.2%. Over the last quarter, there was such a significant return as a result of the unveiling of the company’s 7th generation AMD A-Series Processor line up.

Pluristem Therapeutics (PSTI)

Algorithm Review

Signal: 118.2

Predictability: 0.43

Return: -18.38%

Pluristem Therapeutics is an Israeli company engaged in the development of human placental adherent stromal cells for commercial use in disease treatment. The company had a signal strength of 118.2 and a predictability indicator of 0.43. In accordance with the algorithm’s prediction, the stock price increased -18.38%.

Kelso Technologies Inc (KIQ)

Algorithm Review

Signal: 116.39

Predictability: 0.61

Return: 42.22%

Kelso Technologies Inc., a railway equipment supplier, produces and sells tank car service equipment used in the loading, unloading, and containment of hazardous materials during transport in the United States and Canada. Kelso has a signal strength of 116.39 and predictability of 0.69. I Know First’s algorithm accurately predicted an increase of 42.22%. This rise can be attributed to the fact that the Company has successfully completed initial commercial testing of its new emergency response kit known as the Kelso ERK. It is specifically designed to be implemented quickly and safely to reduce potential dangers to human life and environmental harm to communities during emergency events involving hazardous materials.

Business Disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. We did not receive compensation for this article, and we have no business relationship with any company whose stock is mentioned in this article