Quantitative Trading: Up To 32.21% Return In 3 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: 3 Days (8/23/2015 – 8/26/2015)
I Know First Average: 6.82% (Long); 2.99% (Short)

Quantitative Trading

The top 10 stocks for both the long and the short position were included in the 3 days forecast from 8/23/2015 that was part of the Stocks Under 5 Dollars package. ACI had the best performance during the predicted time horizon with a remarkable return of 32.21%. Other stocks with impressive performances during the time horizon were ESI and ACTC with returns of 20.79% and 20.77% respectively. For the short position, PLUG offered the largest returns to investors who shorted the stock during the predicted time period with a return of 10.42%. The average returns for the long and short positions were 6.82% and 2.99% respectively, both of which easily beat the S&P 500 return of -1.54% during the same time period.

Coal is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Last weekend the company reported some positive news about a potential compromise with Arch Coal’s term loan lenders that would result in increased term loan interest rates in exchange for debt exchange consent. This would then reduce the actual chance of a sudden bankruptcy filing, but would reduce Arch’s interest savings, which would be $51 million per year with a 1% interest rate.

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.