Quant Trading: Up to 39.47% Return in 3 Days

Quant Trading

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 3 Days (11/03/2015 – 11/06/2015)
I Know First Average: 5.48%

Quant Trading

I Know First’s 3-Days forecast from the Risk-Conscious package five out of the ten stocks increase in accordance with the algorithm’s prediction DSCO performed well, returning 39.47% during the time horizon as the algorithm indicated. Likewise,  PES and OGXI were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 23.93% and 14.14% over 3-Days. The average return of 5.48% during the forecast time horizon outperformed the S&P 500 return of -0.23% during the same time.

Discovery Laboratories, Inc.(DSCO),  a specialty biotechnology company, focuses on developing products for critical-care patients with respiratory disease and improving care in pulmonary medicine. They have announced the Results from AEROSURF® Phase 2a expansion clinical trial as well as their third quarter financial reports. As of September 30th the company had cash and cash equivalents of $46.3 million. Third quarter they reported a net loss of $21.6 million ($0.20 per basic share) on 105.7 million weighted-average common shares outstanding for the quarter ended September 30, 2015, compared to a net loss of $11.3 million ($0.13 per basic share) on 85.2 million weighted average common shares outstanding for the comparable period in 2014.

Algorithmic traders utilise 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.

How to interpret this diagram

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