Long Term Stock Picks Based On Machine Learning: Up to 27.13% (Long)
Long Term Stock Picks
- top ten aggressive stocks picks that best fit for long position
- top ten aggressive stocks picks that best fit for short position
- top ten conservative stocks picks that best fit for long position
- top ten conservative stocks picks that best fit for short position
Package Name: Risk-Conscious
Forecast Length: 3 Days (10/16/2015 – 10/19/2015)
I Know First Average: 3.80% (long) & 6.87% (short)
The Risk-Conscious forecast from 10/16/15 included the top 10 stocks for both the long and short positions. The most impressive stock for the long position was ICAD with a return of 27.13%. Other top performing stocks from the forecast were ORMP and OXGN with solid returns of 12.74% and 11.00%. For the short position, the top performing stock was ACI which decreased 15.25% as the algorithm correctly predicted. The average return for the long position was 3.80%, while the average return for the short position was 6.87%. These average returns significantly outperformed the S&P 500 return during the same time horizon.
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.
