Short Term Trading Using Quant Technology: Up To 21.71% Return In 3 Days
Short Term Trading Using Quant Technology
This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:
- Top 10 biotech stocks for the long position
- Top 10 biotech stocks for the short position
Package Name: Biotech Stocks
Forecast Length: 3 Days (9/10/15 – 9/13/15)
I Know First Average: 6.10%
All 10 stocks included in the Biotech Industry Package forecast from 9/10/15 increased in accordance with the algorithm’s prediction for the 3-day time horizon. The top performing stocks was SGMO with a return of 21.71%. Other stocks that also posted outstanding returns were KITE and NBIX. They had returns of 13.38% and 7.11% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have generated a return of 6.10% during the predicted time horizon.
Sangamo Biosciences (SGMO) is a clinical stage biopharmaceutical company focused on the research, development and commercialization of engineered zinc finger DNA-binding proteins (ZFPs) as novel ZFP Therapeutics® targeting various monogenic and infectious diseases with unmet medical needs. The company announced unanimous approval by the National Institutes of Health’s Recombinant DNA Advisory Committee (RAC) of a Phase 1 study protocol for a ZFP Therapeutic as a potential curative therapy for hemophilia B.
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.