Quant Trading Strategies: Up to 60% Return in 7 Days

Quant Trading Strategies

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

  • top ten stocks picks to long
  • top ten stocks picks to short

Package Name: Stocks Under 10 Dollars
Forecast Length: 7 Days (10/5/2015 – 10/12/2015)
I Know First Average: 11.84%

Quant Trading Strategies

I Know First’s 7-day forecast from the Stock Under 10 dollars package had 8 out of the 10 stocks increase in accordance with the algorithm’s prediction. UTIW performed fantastically, returning 60.00% during the time horizon as the algorithm indicated. Other stocks that performed well, CNTF and FBP were also part of the top 10 picks of the Stocks Under 10$ forecast and had strong returns of 32.08% and 13.66% over 7 days. The average return of 11.84% during the forecasts time horizon outperforming the S&P 500 return of 3.39% during the same time horizon.

UTi Worldwide Inc. operates as a non-asset-based supply chain services and solutions company. It operates through two segments, Freight Forwarding, and Contract Logistics and Distribution. As of October 9, 2015, UTi Worldwide Inc. officially announced that they would be incorporated into DSV a Danish Corporation by a Merger agreement with DSV A/S, a Danish corporation (“DSV”) and Louvre Acquisitionco, Inc., a company incorporated under the laws of the British Virgin Islands and an indirect wholly-owned subsidiary of DSV (“Merger Sub”). There is also an announcement coming from Rosen Law Firm, a global investor rights law firm, saying that the Board of Directors of UTi Worldwide Inc. are under investigation for possible breaches of fiduciary duty and other violations of law by failing to adequately shop UTi Worldwide to maximize shareholder value before agreeing to be acquired by DSV.

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