Quantitative Trading: Up To 54.79% Return in 14 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: 14 Days (8/24/2015 – 9/7/2015)
I Know First Average: 13.19%

Quantitative Trading

 

In the Stocks Under 5 Dollar Forecast forecast from 8/23/2015, MTL was the top performing stock with an extraordinary return of 54.79% in the 14-day time horizon. Investors could also have made outstanding returns from ACI and DPW, which were all part of the top 10 stocks for the forecast. They increased by 40.52% and 33.85% respectfully. The average return of the forecast was an 13.19%, offering a large premium of 15.71% over the S&P 500 return of -2.52% to investors using the I Know First service.

Mechel OAO (MTL) is a leading Russian mining and metal company which recently signed a three year deal for coal supplies with Japans JFE Steel corporation, who are one of the biggest steel mill companies in Asia. The agreement will be in force until August 2018. Mechel, who employs over 67,000 workers, annually supply JFE Steel up to 1 million tonnes of metallurgical coals.

“We are grateful to our partner for their trust — this is Mechel’s first contract to be signed with a Japanese company for such a long term. We consider this three-year agreement with JFE Steel as an important step in implementing our strategy of diversifying our sales and strengthening ties with Asia Pacific’s key steelmakers. Considering global commodity markets’ volatility, we make it our priority to preserve our client base and ensure a stable flow of orders for our Group’s coal producers,” Mechel Mining Management Company OOO’s Chief Executive Officer Pavel Shtark commented.

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.