Investing In BioTech Stocks Utilizing Algorithmic Predictions : Up to 6.51% Return In 3 Days

Investing In BioTech Stocks

This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:

  • Top 10 biotech stocks for the long position
  • Top 10 biotech stocks for the short position

Package Name: BioTech Stocks
Forecast Length: 3 Days (02/12/16– 02/15/16)
I Know First Average: 3.23%

Investing In BioTech Stocks

The algorithm correctly predicted 10 out of the 10 stocks forecasted to increase during the predicted time horizon of 3 days in the bioTech-stocks package forecast from 02/12/2016. The most impressive prediction was for MDVN, which offered a return of 6.51%% during the predicted time horizon to investors who bought this stock. Other impressive returns were KERX and ARIA which increased by 5.71% and 5.36%, respectively. The average return from this forecast for investors was 3.23%, offering a premium to investors over the S&P 500 return of 1.95% during the predicted time horizon.

Medivation, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies to treat serious diseases in the United States. It offers XTANDI for the treatment of post-chemotherapy metastatic castration-resistant prostate cancer (mCRPC) patients. The company’s prostate cancer clinical trials include STRIVE, which is in Phase II clinical trial; PROSPER and EMBARK for which enrollment is ongoing for the Phase III clinical trial

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 algorithmic traders.

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