Quant Trading Algorithms Based on Data Mining: Return up to 15.24% in 7 Days

Quant Trading Algorithms

This forecast is part of the “Dividend Stocks” package, as one of I Know First’s quantitative investment solutions. We determine our best stocks carrying a dividend and pick them by screening our database daily using our advanced algorithm.  The full Dividend Stocks Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

  • 10 best dividend stocks to long
  • 10 best dividend stocks to short

Package Name: “Dividend Stocks”
Recommended Positions: Long
Forecast Length: 7 Days (04/19/2016 – 04/26/2016)
I Know First Average: 6.51%

Quant Trading Algorithms

In this stocks forecast from April 19th, the algorithm correctly predicted the growth of 8 out of 10 top stocks. WPZ was the highest-returning stock for the week seeing growth of 15.24%. JOY, CHK, and CVE also impressed investors with respective returns of 10.78%, 10.74%, and 10.57%. The package itself had an average return of 6.51% which compared well to the S&P 500’s loss of -0.13%.

Williams Partners L.P. (WPZ) operates as an energy infrastructure company. It operates through Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services segments. The company has been seeing positive earnings estimate revisions over the past month by analysts that are becoming more bullish on the stock.

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 algorithmic traders.

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Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.