Pharma Stocks Based on Algorithmic Trading: Returns up to 73.01% in 3 Months

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: 3 Months (11/5/2019 – 2/5/2020)
I Know First Average: 25.24%
Pharma Stocks
Pharma Stocks chart

During the 3 Months forecasted period several picks in the Pharma Stocks Forecast Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was INSM, at 73.01%. CTIC, and MDCO had notable returns of 63.34% and 61.1%. The package saw an overall yield of 25.24% versus the S&P 500’s return of 8.33% implying a market premium of 16.91%.

Insmed Incorporated, incorporated on March 21, 2013, is a biopharmaceutical company. The Company operates through development and commercialization of therapies for patients with rare diseases segment. The Company’s lead product candidate is ARIKAYCE, or liposomal amikacin for inhalation (LAI). Its earlier-stage pipeline includes preclinical compounds that the Company is evaluating in multiple rare diseases of unmet medical need, including methicillin-resistant staph aureus (MRSA) and nontuberculous mycobacteria (NTM). Its earlier clinical-stage pipeline includes INS1007 and INS1009.

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.