Quant Trading Based On Algorithms: Up To 12.67% Return In 3 Days

Quant Trading

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 3 Days (04/03/2016 – 04/06/2016)
I Know First Average: 3.83%

Quant Trading

The algorithm correctly forecasted 7 out of  10 stocks in this package to increase for the 3-days time period from April 3rd. The S&P 500 decreased by -0.3%. The top performing stock in the package was ALNY with an outstanding 12.67% return in 3 days. The overall return for the package was 3.83%, offering I Know First a premium over the S&P 500’s slight stumble.

Alnylam Pharmaceuticals, Inc. (ALNY) is a biopharmaceutical company. The Company is engaged in the research and development of therapeutics based on its ribonucleic acid interference (RNAi). The Company’s pipeline focuses in three strategic therapeutic areas (STArs)

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.