Quantitative Trading : Up To 55.35% Return In 1 Month
Trend Following
Trend Following: 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 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
Package Name: Stocks Under 5 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (03/18/2016 -04/18/2016)
I Know First Average: 22.25%
The algorithm correctly predicted the increase of 8 out of 10 stocks in the long position on the 1-month time horizon for this package. The top-returning stock was SID with its 55.35% return. CLF, and GGB also impressed investors with their returns of 54.93%, and 36.67% respectively. The package returned an average of 22.25% against the S&P 500’s return of 2.63% for the same period.
Companhia Siderúrgica Nacional is the second major steel-maker company in Brazil. Its main plant is located in the city of Volta Redonda, in the state of Rio de Janeiro. Its current CEO is Benjamin Steinbruch.
How to interpret this diagram
Please, note-for trading decisions use the most recent forecast.
