Short Selling Stocks: Up to 13.77% Return in 7 Days

Short Selling Stocks

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 7 Days (8/12/2015 – 8/19/2015)
I Know First Average: 6.43% (Short)

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Short Selling Stocks

The top 10 stocks for the short position were included in the Risk-Conscious forecast from 8/12/15 that was part of the Risk-Conscious Package. For the short position NTES had the best performance during the predicted time horizon with a remarkable return of 13.77% (short). Other stocks (short) with quite impressive performances during the time horizon were CEA and GSH with returns of 11.44% and 11.62%.

NetEase (NASDAQ:NTES) was downgraded by Zacks from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, MarketBeat Ratings reports. Moreover it traded down 1.05% during midday trading on Monday, hitting $121.20. 262,574 shares of the company were exchanged. The firm’s 50-day moving average price is $141.48 and its 200-day moving average price is $127.02. The stock has a market capitalisation of $15.94 billion and a PE ratio of 20.00. NetEase has a one year low of $81.42 and a one year high of $154.88. The company also recently announced a quarterly dividend, which will be distributed on Friday, September 4th. Shareholders of record on Friday, August 28th will be paid a $0.44 dividend. This represents a $1.76 annualised dividend and a yield of 1.44%. The ex-dividend date is Wednesday, August 26th.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.