Medicine Stocks Based on Deep Learning: Returns up to 60.03% in 3 Months
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 Medicine stocks for the long position
- Top 10 Medicine stocks for the short position
Package Name: Medicine Stocks
Recommended Positions: Long
Forecast Length: 3 Months (6/29/21 – 9/29/21)
I Know First Average: 17.14%
8 out of 10 stock prices in this forecast moved as predicted by the algorithm. The prediction with the highest return was ORMP, at 60.03%. Further notable returns came from CLDX and ALKS at 48.53% and 25.55%, respectively. The package had an overall average return of 17.14%, providing investors with a 15.54% premium over the S&P 500’s return of 1.6% during the period.
Oramed Pharmaceuticals Inc. engages in the research and development of pharmaceutical solutions for the use of orally ingestible capsules or pills for delivery of polypeptides.
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.
