Stock Forecast Predictive Analytics: Up to 80.14% In 14 Days

Stock Forecast Predictive Analytics

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: Industry Package – Biotech Stocks
Forecast Length: 14 Days (7/14/15 – 7/28/15)
I Know First Average: 5.50% (Long) and 8.14% (Short)

Stock Forecast Predictive Analytics

 In the recent 07/14/2015 forecast that was part of the Biotech package, 13 of the 20 stocks between the long and short positions had price moves in accordance with the algorithm’s prediction. The top performing stock for the long position was EXEL with a remarkable return of 42.74%, while TECH also had noteworthy returns of 8.25%. For the short position, the stock that decreased the most was XOMA with a return of -80.14%, while MACK also posted significant losses of -15.02% as the algorithm predicted. The average returns for the long and short positions were 5.50% and 8.14% Respectively, both of which beat the S&P by at least 5 percentage points over the same time period.

Xoma’s sudden stumble of over 80% of its market worth came at a major crossroad for this biopharmaceutical company. Xoma had had no other drugs in the pipeline close to crossing the FDA approval finish line accept for its gevokizumab article developed to treat and cure Behçet’s disease uveitis. This drug, however, returned negative results in studies conducted, leaving Xoma investors very little to look forward to.

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.