Stock Market Analysis based on Deep Learning: Up To 13.62% Return in 7 Days
Stock Market Analysis
This stock market analysis 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: 7 Days (05/24/16– 05/31/16)
I Know First Average: 7.00%
The algorithm correctly predicted 9 out of the 10 stocks forecasted to increase during the predicted time horizon of 7 days in the bioTech-stocks package forecast from 05/24/2016. The most impressive prediction was for NVAX, which registered a return of 13.62% during the predicted time horizon. Other impressive returns came from ARIA and RPTP which increased by 9.53% and 9.29%, respectively. The average return from this forecast for investors was 7.00%, offering a premium to investors over the S&P 500 return of 2.39% during the predicted time horizon.
Novavax, Inc. (NVAX) is a clinical-stage vaccine company committed to delivering novel products to prevent a broad range of infectious diseases. They apply combinant nanoparticles and adjuvant technology to develop novel vaccines.
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.
