Medicine Stocks Based on Machine Learning: Returns up to 41.1% in 3 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 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 Days (7/31/22 – 8/3/22)
I Know First Average: 5.75%
Medicine Stocks
Medicine Stocks chart

The algorithm correctly predicted 7 out of 10 of the suggested trades for this 3 Days forecast. ENDP was the highest-earning trade with a return of 41.1% in 3 Days. TEVA and ISRG also performed well for this time horizon with returns of 6.29% and 5.22%, respectively. The package had an overall average return of 5.75%, providing investors with a premium of 5.15% over the S&P 500’s return of 0.6%.

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.