I Know First Algorithmic Review: April 20th, 2015

I Know First Algorithmic Review

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s April 20th, 2015 stock forecast titled Market Predictions Based On Big Data: Up To 73.60% In 3 Months  This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 21.31% over 3 month versus the S&P 500’s return of 4.44% over the same time period.

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.

 

Signal : 1420.99

Predictability : 0.12

Return: -28.31%

National Bank of Greece S.A. provides banking and financial services to the corporate and retail customers. The bank suffered from the economical situation in Greece: Standards & Poors downgraded Greece’s long- and short-term sovereign credit ratings  to CCC+/C from a previous B-/B, Fitch downgraded the bank itself  in long-term Issuer Default Ratings (IDR) to “CCC” from a previous B-. Viability Ratings (VR) were also slashed from b- to “ccc”.

 

Signal : 272.30

Predictability : 0.54

Return: 32.88%

 

Wheatherford is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates four segments: North America; MENA/Asia Pacific; Europe/SSA/Russia, and Latin America. It provides solutions, technology applications, and services for formation evaluation, well construction, completion, and artificial lift.The company had a signal strength of 272.30 and a predictability indicator of 0.54. In accordance with the algorithm’s prediction, the stock price increased 32.88%.

Even If the company has a high net debt to market cap ratio, recent asset sales and divestitures has generated $1.8 billion in cash. Also, in this current low price environment, the company will look to reduce its operational costs. That’s why RBC Capital upgraded the stock from “Sector Perform” to “Outperform”,  lifting its target price from $14 to $19. That’s why the CEO of Credit Suisse, Mr. Wicklund, put Weatherford second out of 150 in a “Top Investment Ideas” report issued by his company.

 

 

Signal : 221.01

Predictability : 0.45

Return: 7.11%

 

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service centers and Supercharger stations. In addition to the Company’s own vehicles, it designs, develops, manufactures, and sells advanced electric vehicle powertrain components to other automotive manufacturers. The company had a signal strength of 221.01 and a predictability indicator of 0.45. In accordance with the algorithm’s prediction, the stock price increased 7.11%. Tesla Motors is going to have its lithium-ion battery plant,”the Gigafactory” up and running.

 

Signal : 144.27

Predictability : -0.03

Return: 46.25%

General Cable Corporation is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets.The company had a signal strength of 144.27 and a predictability indicator of -0.03. In accordance with the algorithm’s prediction, the stock price increased 46.25%.

Even if General Cable’s fourth quarter revenue fell by 6% , inverstors got interested about this stock because of what management expects from the future: They have cut costs and are on their way to improve profitability.

But a big part of that skyroketing is due to… a rumor: On March 17th, Bloomberg published an article were it was explained that General Cable’s larger competitor Prysmian SpA was considering an acquisition of its rival, but the company didn’t made an offer yet.

 

 

Signal : 55.78

Predictability : 0.33

Return:  52.11%

 

First Solar, Inc., incorporated on May 15, 2003, manufactures and sells photovoltaic (PV) solar modules with an advanced thin-film semiconductor technology, and it designs, constructs, and sells PV solar power systems.

The company had a signal strength of 55.78 and a predictability indicator of 0.33. In accordance with the algorithm prediction, the stock returned 52.11% in the 3-month time horizon.  Shares of First Solar went up after they announced the joint YieldCo with SunPower Corporation last month. The YeildCo will attract more projects of larger scale, and will decrease the competition.

 

Signal : 54.30

Predictability : -0.01

Return: 0.80%

 

SINA Corporation (SINA) is an online media company serving China and the global Chinese communities. The Company’s digital media network enable Internet users to access professional media and user generated content  in multi-media formats from the Web and mobile devices and share their interests to friends and acquaintances. The company had a signal strength of 54.30 and a predictability of -0.01. In accordance with the algorithm’s prediction, the stock price increased 0.80%.

 

Signal : 40.99

Predictability : 0.13

Return: 9.33%

Sarepta Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery and development of RNA-based therapeutics for the treatment of rare, infectious, and other diseases. Its lead product candidate is Eteplirsen, which is in Phase III clinical development stage for the treatment of Duchenne muscular dystrophy (DMD).The company had a signal strength of 40.99 and a predictability indicator of 0.13. In accordance with the algorithm’s prediction, the stock price increased 9.33%. Sarepta Therapeutics’ stock price rose after it was upgraded by Bank Of America based on increased conviction that the company’s drug for Duchenne muscular dystrophy would be approved in the United States. Also, the CEO Chris Garabedian just exited the company last tuesday, and was replaced by the Chief Medical Officer Ed Kaye, on an interim basis.

 

Signal : 36.46

Predictability : 0.42

Return: 15.74%

United States Steel Corporation is an integrated steel producer. It an annual raw steelmaking capability of 27 million net tons. The company manufactures a range of value-added steel sheet and tubular products for the automotive, appliance, container, industrial machinery, construction and oil and gas industries.

United States Steel Corporation had a signal strength of 36.46 and a predictability indicator of 0.42. In accordance with the algorithm’s prediction, the stock price increased 15.74%. The company has a good increase in net income, good cash flow from operations and growth in earnings per share.

Signal : 32.80

Predictability : 0.32

Return: 69.43%

Netflix Inc.  is a provider of on demand Internet streaming media. It’s a service available to viewers in all of North America (including Cuba), South America, Australia, New Zealand and parts of Europe (Denmark, Ireland, The Netherlands, Norway, Sweden, Finland, United Kingdom, France, Switzerland, Austria, Belgium, Luxembourg and Germany), and of flat rate DVD-by-mail in the United States.

In accordance with the algorithm’s prediction, the stock price increased 69.43%.: We published several articles explaining why we believed in this stock. Besides of that, the stock gained more than 18% after reporting first-quarter earnings of 77 cents a share on nearly $1.6 billion in revenue, beating analysts’ expectations of 69 cents per share.

 

Signal : 16.14

Predictability : 0.39

Return: 7.74%

Advanced Micro Devices, Inc. (AMD) is a global semiconductor company with facilities around the world. The Company offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit (APU), for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and mobile devices. The company had a signal strength of 16.14 and a predictability indicator of 0.39. In accordance with the algorithm prediction, the stock returned 7.74% in 3 Months. Its diversification strategy showed and will continue to show progess even if its Computing & Graphics business declined.

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. Read More From I Know First Research:

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