Medicine Stocks Based on Deep Learning: Returns up to 56.62% in 14 Days
Medicine Stocks
The Medicine Stocks Package is designed for investors and analysts who need predictions for the best stocks to buy in the Medicine Industry. It includes 20 stocks with bullish and bearish signals and indicates the best medicine stocks to trade:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Medicine Stocks
Recommended Positions: Long
Forecast Length: 14 Days (1/6/21 – 1/20/21)
I Know First Average: 14.52%
This Medicine Stocks Package forecast had correctly predicted 7 out of 10 stock movements. The greatest return came from CLSN at 56.62%. Other notable stocks were PTN and LGND with a return of 42.63% and 35.7%. The overall average return in this Medicine Stocks package was 14.52%, providing investors with a 11.17% premium over the S&P 500’s return of 3.35% during the same period.
Celsion Corporation, (CLSN), an oncology drug development company, focuses on the development and commercialization of chemotherapeutic oncology drugs based on its proprietary heat-activated liposomal technology.
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 subscribers.
How to interpret this diagram
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.
