Quant Trading Using Machine Learning: Up to 25.66% Return in 1 Month

Quant Trading Using Machine Learning

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: 1 month (7/24/2015 – 8/24/2015)
I Know First Average: 17.52% (Short)

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Quant Trading Using Machine Learning

The top 10 stocks for the short position were included in the Risk-Conscious forecast from 7/24/15 that was part of the Risk-Conscious Package. For the short position MDR had the best performance during the predicted time horizon with a remarkable return of 25.66% (short). Other stocks (short) with quite impressive performances during the time horizon were LFC and BGC with returns of 24.83% and 21.83%.

According to the company website, McDermott International, is an international engineering, procurement, construction and installation company with operations in the Americas, Middle East, the Caspian Sea and the Pacific Rim. The company based in Houston, Texas designs and executes offshore oil and gas and projects world wide. The American company has fallen victim to the tumbling oil prices. Prices of oil have plummeted to a six-year low, with Brent and US crude futures falling below $45 and $40 a barrel respectively.

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.

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