I Know First Algorithmic Review: April 30th, 2015

I Know First Algorithmic Review

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s April 29th, 2015 stock forecast titled Stock Screening Based On Algorithms: Up To 56.76% Return In 3 Months. This forecast is part of the “Top 10 Stocks” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 21.36% over 3 month versus the S&P 500’s return of 5.23% over the same time period.

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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.

 

wft logo

Signal : 508.34

Predictability : 0.54

Return: 42.33%

Weatherford International Ltd.  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, Latin America, Europe/West Africa/the former Soviet Union (FSU) and Middle East/North Africa/Asia.The company had a signal strength of 508.34 and a predictability indicator of 0.54. In accordance with the algorithm’s prediction, the stock price increased 42.33%.Weatherford International stock is soaring as the company announced plans to lay off thousands of workers.

 

sid logo

Signal : 453.36

Predictability : 0.36

Return: 56.78%

Companhia Siderúrgica Nacional operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries. Companhia Siderurgica Nacional well positioned to leverage benefits from the growing steel demand, internationally as well as domestically.

The company had a signal strength of 453.36 and a predictability indicator of 0.36. In accordance with the algorithm’s prediction, the stock price increased 56.78%. The World Steel Association has predicted the global steel demand to increase 2% in 2015, with strong demand from China. Similarly, the Brazilian Steel Institute (IABr) expects sales to be approximately 20.8 million tons for 2015.

 

apa logoSignal : 236.18

Predictability : 0.58

Return: 12.57%

Apache Corporation is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The company had a signal strength of236.18 and a predictability indicator of 0.58. In accordance with the algorithm’s prediction, the stock price increased 12.57%. Apache Corporation has closed on the $2.8 billion sale of its stake in two separate LNG projects, the company announced on April 10, 2015. The closing comes just days after Apache announced the sale of Apache Energy Limited, its Australian subsidiary, to a consortium of private equity funds for $2.1 billion in cash. With the divesture, APA fully exited the Australian E&P business and transferred ownership of its 49 MBOEPD of production, but retained a 49% interest in a fertilizer company. The divested production represents roughly 16% of its international production volumes and approximately 7% of its overall volumes, based on Q4’14 results. Australian production had increased by 12% on a year-over-year basis.

 

tsla logoSignal : 235.62

Predictability : 0.32

Return: 16.59%

Tesla Motors, Inc  designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service network. The Company is engaged in commercially producing a federally-compliant electric vehicle, the Tesla Roadster.The company had a signal strength of 253.62 and a predictability indicator of 0.32. In accordance with the algorithm’s prediction, the stock price increased 16.59%. Tesla CEO Elon Musk will unveil a new product — not a car — today at the company’s facility in Hawthorne, California. Actually, two batteries. Tesla investor relations head Jeffrey Evanson revealed  that the company would reveal a home battery and a “utility scale” battery — a battery for normal folks and a big battery for businesses.

 

cbd logoSignal : 227.10

Predictability : 0.45

Return:  -1.62%

Companhia Brasileira De Distribuicao  is a Brazil-based company which is engaged in the retail of food, clothing, home appliances, fuel, drugs and other products. The Company distributes its products through chains of hypermarkets, supermarkets, specialty shops, department stores, fuel stations, drug stores and online shops.s.

 

ptr logoSignal : 171.57

Predictability : 0.57

Return: 19.97%

PetroChina Company Limited, together with its subsidiaries, produces and sells oil and gas in the People’s Republic of China. The company operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment is involved in the exploration, development, production, and marketing of crude oil and natural gas. The company had a signal strength of 171.57 and a predictability of 0.57. In accordance with the algorithm’s prediction, the stock price increased 19.97%. The stock has surged 33 percent this year amid speculation China will merge government-owned companies in the energy industry.

 

nbl logoSignal : 168.73

Predictability : 0.48

Return: 10.27%

Noble Energy, Inc is an energy company engaged in oil and gas exploration and production around the world. The Company’s portfolio is diversified between short-term and long-term projects, both onshore and offshore, and domestic and international. The Company’s United States operations accounted for approximately 55% of total proved reserves. The company had a signal strength of 168.73 and a predictability indicator of 0.48. In accordance with the algorithm’s prediction, the stock price increased 10.27%. The company has a good increase in net income, good cash flow from operations and growth in earnings per share.

su logo

 

Signal : 148.99

Predictability : 0.54

Return: 13.94%

Suncor Energy Inc  is an integrated energy company. The Company is focused on developing petroleum resource basins-Canada’s Athabasca oil sands. In addition, the Company explores, acquires, develops, produces and markets crude oil in Canada and internationally, and the Company transports and refines crude oil, and market petroleum and petrochemical products primarily in Canada.

Suncor Energy Inc had a signal strength of 148.99 and a predictability indicator of 0.54. In accordance with the algorithm’s prediction, the stock price increased 13.94%.

 

 ati logo

Signal : 132.52

Predictability : 0.49

Return: 23.75%

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components; and Flat-Rolled Products. The High Performance Materials and Components segment provides various high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys.

Allegheny Technologies Incorporated had a signal strength of 132.52 and a predictability indicator of 0.49. In accordance with the algorithm’s prediction, the stock price increased 23.75%. First quarter sales jumped 7% sequentially to $1.13 billion and net income swung from a loss a year ago to a $10.0 million profit, or $0.09 per share. Earnings fell a penny below expectations but revenue topped Wall Street’s estimate of $1.08 billion. Improvement in the aerospace market helped drive the strong results, with sales up 14% sequentially in that segment.

 

apc logoSignal : 128.64

Predictability : 0.37

Return: 18.98%

Anadarko Petroleum Corporation  is an independent oil and natural gas exploration and production company. Anadarko’s asset portfolio includes UNITED STATES onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska.

Anadarko Petroleum Corporation had a signal strength of 128.64 and a predictability indicator of 0.37.In accordance with the algorithm’s prediction, the stock price increased 128.64%. Anadarko Petroleum Corporation  announced its Board of Directors has named Christopher O. Champion as Vice President, Chief Accounting Officer and Controller, effective June 1, 2015, succeeding M. Cathy Douglas, who is retiring following more than 35 years with the company.

 

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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