Quantitative Trading: Returns of up to 31.48% in 7 Days

Quantitative Trading

This forecast is part of the “Stocks Under 5 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short

Package Name: Stocks Under 5 Dollars
Forecast Length: 7 Days (7/28/2015 – 8/04/2015)
I Know First Average: 6.93% (Long); 9.02% (Short)

Quantitative Trading

 

The top 10 stocks for both the long and the short position were included in the Stocks Under 5 Dollars forecast from 07/28/15 that was part of the Stocks Under 5 Dollars Package. For the long position AMD had the best performance during the predicted time horizon with a remarkable return of 31.48%. Other stocks (long) with impressive performances during the time horizon were PLUG and SID with returns of 17.24% and 11.82%. For the short position ESI had the best performance during the predicted time horizon with a remarkable return of 38.37% (short). Other stocks (short) with impressive performances during the time horizon were ACI and SMSI with returns of 28.10% and 26.27%.

Advanced Micro Devices (AMD) is a global semiconductor company.  Because of the recent escalation of bad news, including the report of their highly expected bad quarter results, the stock has fallen very low, too low apparently. The stock should’ve never fallen this low and the market knows a cheap asset when it sees it and thus buys it.

ITT Educational Services (ESI) company provides post secondary programs in the United States and is headquartered in Carmel, Indiana. The latests disappointing Q2 earnings results are the main reason for the big stock decrease.

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.