Quantitative Finance: Up to 51.90% Return in 14 Days

Quantitative Finance

This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:

  • Top 10 biotech stocks for the long position
  • Top 10 biotech stocks for the short position

Package Name: Industry Package – Biotech Stocks
Forecast Length: 14 Days (7/13/15 – 7/27/15)
I Know First Average: 6.89% (Long) and 5.92% (Short)

Quantitative Finance

 In the recent 07/13/2015 forecast that was part of the Biotech package, 12 of the 20 stocks between the long and short positions increased in accordance with the algorithm’s prediction. The top performing stock for the long position was EXEL with a spectacular return of 51.90%, while TECH also had noteworthy returns of 8.57%. For the short position, the stock that decreased the most was XOMA with a loss of 82.67%, while MACK also posted significant losses of 16.06% as the algorithm predicted. The average returns for the long and short positions were 6.89% and 9.49% Respectively, both of which beat the S&P by at least 7 percentage points over the same time period

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.

How to interpret this diagram

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