Pharma Stocks Based on Algorithmic Trading: Returns up to 32.9% in 1 Month

Pharma Stocks

This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:

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

Pharma Stocks Forecast
Package Name: Pharma Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (8/6/21 – 9/6/21)
I Know First Average: 4.32%
Pharma Stocks
Pharma Stocks chart

For this 1 Month forecast the algorithm had successfully predicted 6 out of 10 movements. The greatest return came from PDSB at 32.9%. Other notable stocks were INFI and BYSI with a return of 26.33% and 23.69%. The package saw an overall yield of 4.32% versus the S&P 500’s return of 2.4% implying a market premium of 1.92%.

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.