I Know First Review: January 13th, 2015

I Know First Review: Stock Picks Based On Algorithms

The stocks selected here are the top performing Tech Stocks from I Know First: Daily Market Forecast’s October 7th, 2014 stock forecast titled Trend Following: 11.86% (Long) and 10.47% (Short) Return in 14 Days.  This forecast is part of the “Top 10  stock picks package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” returns for Long and Short Positions were respectively 1.18% and 3.89%, versus the S&P 500’s return of -2.90% over the same time period.
top 10 long & 10 short 14 days

Learn how to read theLearn 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.

 Long Positions 

JetBlue Airways Corporation

Signal (14 Days): 25.00

Predictability (14 Days): 0.4

Return: – 7.21%

JetBlue Airways Corporation (JetBlue) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft. As of December 31, 2011, it served 70 destinations in 22 states, Puerto Rico, Mexico and 12 countries in the Caribbean and Latin America. Most of JetBlue flights have as an origin or destination New York or one of its other focus cities: Boston, Fort Lauderdale, Los Angeles, Orlando or San Juan, Puerto Rico. As of December 31, 2011, the Company operated an average of 700 daily flights.

CMPR

Signal (14 Days): 24.93

Predictability (14 Days): 0.3

Return: – 4.45%

Cimpress NV, formerly Vistaprint N.V., is an online provider of coordinated portfolios of customized marketing products and services to micro businesses, graphic professionals and private users worldwide. The Company offers a range of brand identity and promotional products, marketing services, and digital solutions like Web-to-print. The Company focuses on mass customization including micro business marketing products and services as well as consumer products such as invitations and announcements, greeting cards, photo books and calendars, among others.

RDY

Signal (14 Days): 24.44

Predictability (14 Days): 0.47

Return: 4.10%

Dr. Reddy’s Laboratories Limited (DRL) is an integrated global pharmaceutical company. The Company operates in three segments: Global Generics segment, which includes its prescription and over-the-counter (OTC) drug products business; Pharmaceutical Services and Active Ingredients (PSAI) segment, which consists of its active pharmaceutical ingredients (API) business and custom pharmaceutical services (CPS) business, and Proprietary Products segment, which consists of DRL’s new chemical entities (NCEs) business, its Differentiated Formulations business and its dermatology focused specialty business operated through Promius Pharma. The company had a signal strength of 24.44 and a predictability indicator of 0.47. In accordance with the algorithm prediction, the stock returned 4.10% in the 14 days time horizon. A meeting of the Board of Directors of Dr Reddys Laboratories Ltd (NYSE:RDY) will be held on January 29, 2015, to consider and approve the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2014 (Q3).

Capture d’écran 2015-01-13 à 15.51.05

 

Signal (14 Days): 22.24

Predictability (14 Days): 0.21

Return: 7.34%

ALUMINUM CORPORATION OF CHINA LIMITED is principally engaged in extraction of aluminum oxide, electrolyzation of primary aluminum, as well as production and distribution of processed aluminum products. The company had a signal strength of 22.24 and a predictability indicator of 0.21. In accordance with the algorithm prediction, the stock returned 7.34% in the 14 days time horizon. Macquarie upgraded shares of Aluminum Corp. of China Limited (NYSE:ACH) from a neutral rating to an outperform rating in a research note released on Friday morning, TheFlyOnTheWall.com reports. Aluminum Corp. of China Limited (NYSE:ACH) last announced its earnings results on Thursday, October 30th. The company reported ($0.04) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.03) by $0.01.

NTES good good

Signal (14 Days): 22.02

Predictability (14 Days): 0.38

Return: 2.37%

NetEase, Inc. is a holding company. The Company is an Internet technology company. It provides its Internet and wireless value-added applications, services and technologies and advertising services to Guangzhou NetEase and Guangyitong Advertising and they operate the NetEase Websites and the online advertising business. NetEase had a signal strength of 22.02 and a predictability indicator of 0.38. In accordance with the algorithm prediction, the stock returned 2.37% in the 14 days time horizon. NetEase, Inc has been given an average recommendation of “Buy” by the eleven ratings firms that are currently covering the stock, Analyst Ratings News reports. Three research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $94.74.

Capture d’écran 2015-01-13 à 16.09.13

Signal (14 Days): 19.50

Predictability (14 Days): 0.19

Return: – 3.94%

LVMH Moet Hennessy Louis Vuitton SE, (LVMH), is a France-based luxury goods company. It owns a portfolio of luxury brands and its business activities are divided into five segments: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, and Selective Retailing.

MDVN

Signal (14 Days): 17.47

Predictability (14 Days): 0.25

Return: 2.05%

Medivation, Inc. is a biopharmaceutical company focused on the development and commercialization of novel therapies. The company had a signal strength of 17.47 and a predictability indicator of 0.25. In accordance with the algorithm prediction, the stock returned 2.05% in the 14 days time horizon. Medivation Inc. (TREND ANALYSIS) is expected to report earnings per share of $2.74 for the current fiscal year, as per consensus of analysts. Medivation Inc. reported last earnings figures on November 06th. The company announced actual earnings per share of $0.96 against the consensus Street estimate of $0.83. This represents a year-on-year increase of earning per share of $1.14 from corresponding quarter of last year. Medivation Inc posted revenue of $200.48 million versus estimate of $182.08 million.

ORAN

Signal (14 Days): 17.44

Predictability (14 Days): 0.47

Return: – 4.48%

Orange SA, formerly France Telecom SA, is a France-based company that is engaged, principally, in the provision of integrated telecommunications services. The Company is also a European mobile operator, Internet access provider in Europe, and telecommunications services provider for multinational businesses under the Orange brand.

Capture d’écran 2015-01-13 à 16.28.55

Signal (14 Days): 10.46

Predictability (14 Days): 0.24

Return: 4.15%

Edwards Lifesciences Corporation (Edwards Lifesciences) is focused on technologies that treat structural heart disease and critically ill patients. A pioneer in the development and commercialization of heart valve products, Edwards Lifesciences is the manufacturer of tissue heart valves and repair products used to replace or repair a patient’s diseased or defective heart valve. The company had a signal strength of 10.46 and a predictability indicator of 0.24. In accordance with the algorithm prediction, the stock returned 4.15% in the 14 days time horizon. Shares of Edwards Lifesciences Corp hit a new 52-week high during mid-day trading on Monday, AnalystRatings.Net reports. The company traded as high as $136.28 and last traded at $134.68, with a volume of 556,194 shares traded. The stock had previously closed at $133.16.

SLW

Signal (14 Days): 9.11

Predictability (14 Days): 0.45

Return: 11.86%

Silver Wheaton Corp. (Silver Wheaton) is a mining company, which generates its revenue primarily from the sale of silver. The company had a signal strength of 9.11 and a predictability indicator of 0.45. In accordance with the algorithm prediction, the stock returned 11.86% in the 14 days time horizon. Silver miners jumped as metal prices on Monday continued to build on recent gains as sagging equity markets, a fresh slide in the price of oil and doubts about the strength of the US economy saw investors piling into safe haven assets. Silver Wheaton Corp. (USA) (NYSE:SLW) gained more than 2.5% during the last trading session.

Short Positions

HOLX

Signal (14 Days): – 18.38

Predictability (14 Days): 0.25

Return: 6.68%

Hologic, Inc. is a developer, manufacturer and supplier of diagnostics products, medical imaging systems and surgical products to serving the healthcare needs of women. The Company’s core business units are focused on diagnostics, breast health, GYN surgical and skeletal health.

CIG

Signal (14 Days): – 20.77

Predictability (14 Days): 0.26

Return: – 10.08%

Companhia Energetica de Minas Gerais Cemig is a Brazil-based holding company primarily engaged in the electricity sector. The Company is mainly active in the construction and operation of systems of production, transformation, transmission, distribution and commercialization of electric power. The company had a signal strength of -20.77 and a predictability indicator of 0.26. In accordance with the algorithm prediction, the stock returned -10.08% in the 14 days time horizon. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) has a short ratio of 2.98. A high short ratio indicates that the market is overly pessimistic on the shares while a low short reflects mildly bearish overhang. The 1-month %change in short interest is -26.72%. Over the past 3-months, the short interest has registered a change of -11.93%. A negative %change in the short interest reflects that bears are losing grip while a positive %change in the short interest points to a strong bearish pull over . The shares shorted in the past 1 month are 0.015 times the total outstanding shares.

POT

Signal (14 Days): – 22.69

Predictability (14 Days): 0.4

Return: 1.07%

Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company. The Company operates in three business segments: potash, nitrogen and phosphate.

HES

Signal (14 Days): – 23.17

Predictability (14 Days): 0.37

Return: – 7.91%

Hess Corporation (Hess) is a global integrated energy company that operates in two segments: Exploration and Production (E&P) and Marketing and Refining (M&R). The company had a signal strength of -23.17 and a predictability indicator of 0.37. In accordance with the algorithm prediction, the stock returned -7.91% in the 14 days time horizon. he short ratio of Hess Corp. (NYSE:HES) is 1.37. On a monthly basis, the short interest has registered a change of 2.13%. The shares shorted this month are equal to 0.019 times the outstanding shares. The short interest has confirmed a change of 14.77% in the past 3 months. Increasing short interest indicates that the market is expecting a price decline in the counter where as declining short interest in both the 1-month and 3-month indicates that bears are running for cover and investors may soon relish a jump in their invested value. 1.27% of the total outstanding shares have been traded in the last 20 sessions. The average daily volume for the past 20 days is 3,803,165 shares.

ENB

Signal (14 Days): – 23.57

Predictability (14 Days): 0.2

Return: – 10.47%

Enbridge Inc. (Enbridge) transports and distributes energy across North America. As a transporter of energy, Enbridge operates, in Canada and the United States, a crude oil and liquids transportation system. The Company is also involved in natural gas transmission and midstream businesses. Enbridge Inc. had a signal strength of -23.57 and a predictability indicator of 0.2. In accordance with the algorithm prediction, the stock returned -10.47% in the 14 days time horizon. Enbridge Inc. was among the losers of the day as it dropped 1.48% or 0.7 points owing to weak sentiments. The counter began trading at $47.43 per share and dipped marginally to $46.68 before closing the day at $46.75. The highest level of the day was $47.79. The total number of traded shares was 1,450,924. The shares had ended the previous trading day at $47.45. The 52-week high of the counter is $57.19 and the market cap of the company is $39,680 million. The company has approximately 848,768,000 shares outstanding. The stock has a yearly low of $41.08.

FOSL

Signal (14 Days): – 24.37

Predictability (14 Days): 0.21

Return: – 6.87%

Fossil Group, Inc., formerly Fossil, Inc., a global designer, marketer and distributer company that specializes in consumer fashion accessories. The Company’s offerings include a line of men’s and women’s fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, soft accessories and clothing. Fossil Group had a signal strength of -24.37 and a predictability indicator of 0.21. In accordance with the algorithm prediction, the stock returned -6.87% in the 14 days time horizon. Analysts at Zacks have given a Neutral rating on Fossil Group Inc (NASDAQ:FOSL) with a rank of 3. Fossil Group Inc declined 0.62%, losing 0.65 points per share. Yesterday’s first transaction was executed at $104.15. During the rest of the day, the price vacillated between $102.65 and $104.78. The bears were more potent today and the stock closed near the lows at $103.36. Till the closing bell, 1,283,158 shares had exchanged hands.

HNT

Signal (14 Days): – 26.77

Predictability (14 Days): 0.18

Return: – 2.12%

Health Net, Inc. is a managed care company that delivers managed health care services through health plans and government-sponsored managed care plans. The company had a signal strength of -26.77 and a predictability indicator of 0.18. In accordance with the algorithm prediction, the stock returned -2.12% in the 14 days time horizon. Health Net, Inc. has a short ratio of 3.53 , which means that the counter should take 3.53 days to cover the total short interest. A high short ratio indicates a high build-up of short positions in the counter whereas a low short ratio implies that there are fewer short positions. Health Net, Inc. faced severe headwinds in the stock market On January 7th, the counter ended the day with a loss of 1.67% or 0.87 points. Intraday, the price plunged to $50.79, which is considerably below the opening level of $52.17. Short covering at lower levels helped the price escalate, which finally closed at $51.13. The total number of shares traded stood at 2,352,680.

GEF

Signal (14 Days): – 39.16

Predictability (14 Days): 0.36

Return: – 6.73%

Greif, Inc. is a producer of rigid industrial packaging products, including steel, fiber and plastic drums, rigid intermediate bulk containers, closure systems, transit protection products, water bottles and reconditioned containers, and services, such as container life cycle services, blending, filling and other packaging services, logistics and warehousing. The company had a signal strength of -39.16 and a predictability indicator of 0.36. In accordance with the algorithm prediction, the stock returned – 6.73% in the 14 days time horizon. In the third quarter, Greif’s adjusted earnings slumped 51% year over year to 41 cents per share, impacted by actions consistent with its strategy of addressing capacity utilization issues in the flexible product segment. The company delivered a negative earnings surprise of 45.24% in the quarter. Greif has fallen short of the Zacks Consensus Estimate in 3 of the last 4 quarters, with an average negative earnings surprise of 15.19%.

GGP

Signal (14 Days): – 41.16

Predictability (14 Days): 0.29

Return: 6.56%

General Growth Properties, Inc. is a real estate investment trust (REIT). The Company owns or with joint venture partners 144 regional malls (126 domestic and 18 in Brazil) consists of approximately 135 million square feet. The Company is engaged in ownership, operation, management and selective re-development of its Consolidated Properties and Unconsolidated Properties, which are primarily regional malls.

BAK

Signal (14 Days): – 102.22

Predictability (14 Days): 0.4

Return: – 9.05%

Braskem SA is a Brazil-based company primarily engaged in the manufacture of basic petrochemical products. The Company operates in five segments: Basic petrochemicals, Polyolefins, Vinyls, International businesses and Chemical Distribution. Braskem SA had a signal strength of -102.22 and a predictability indicator of 0.4. In accordance with the algorithm prediction, the stock returned – 9.05% in the 14 days time horizon. Braskem SA has a short ratio of 2.33. Higher the ratio, the more pressurized the stock will be, lower the ratio, lesser the duress on the stock. The short interest has seen a change of -5.74% in the past month. The 3-month change in short interest was measured at 34.22%. The ratio of monthly shorts to total outstanding shares stands at 0.004. The average daily volume for the last 20 days is 533,699 shares

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: