Quantitative 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: 1 Month (03/24/2016 – 04/24/2016)
I Know First Average: 15.62%

The algorithm had an incredibly impressive performance for this month-long forecast from March 24th, not only accurately predicting the increase of all top 10 stock picks, but also forecasting the S&P 500’s increase. PBR and MDVN both had strong performances with returns of 34.33% and 33.64%. DPM, CVE, and AKRX also performed well for the month with returns of 20.63%, 19.62%, and 14.37%. The package had an average return of 15.62% compared to the S&P 500’s 2.69% return.

Petróleo Brasileiro S.A. — Petrobras (PBR), more commonly known as simply Petrobras, is a semi-public Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. Impeachment hype surrounded Brazilian President Rousseff has appeared to be a driving force behind stock prices, but the price of oil will ultimately determine the fate of this company.

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.