Quantitative Trading Based On Pattern Recognition: Up To 95.75% Return In 3 Months

Quantitative Trading

This quantitive trading 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 a daily prediction 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: 3 Months  (01/31/2015 – 05/01/2016)
I Know First Average: 29.30%

Quantitative Trading

In the quantitive trading forecast the algorithm correctly predicted 9 out of 10 stocks to decrease over the 3-Months period from January 31st , 2016. ABX had an incredible performance with a 95.75% return, with CLR and CPL following with returns of 76.50% and 41.22% respectively. The I Know First package had an overall average return of 29.30% in the short position for this 3 Months  time horizon, easily beating the S&P 500’s return of 6.45% for the same period.

Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, including the United States, Canada, Australia, Argentina, Chile, Peru

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.