Short Term Trading Based on Machine Learning: Return up to 43.26% in 7 Days
Short Term Trading
Systematic 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 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: 7 Days (03/03/2016 -03/10/2016)
I Know First Average: 15.97%
The algorithmic performance for this Stocks Under $5 forecast was excellent with a 90% accuracy rate. SID was the most impressive stock for the week bringing investors a 43.26% return on their investment in just 1 week. PES and DNR also had solid returns of 30.86% and 24.16%. The package overall returned an average of 15.97% while the S&P 500 barely moved at all, returning only 0.16%.
Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. The company’s steel products include slabs, which are semi-finished products used for processing hot-rolled, cold-rolled or coated coils, and sheet products.
How to interpret this diagram
Please note-for trading decisions use the most recent forecast.
