Stock Pattern Recognition: Return up to 74.64% in 1 Month

Stock Pattern Recognition

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

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

Package Name: Risk-Conscious
Forecast Length: 1 Month (02/02/2016 – 03/02/2016)
I Know First Average: 13.82%

Stock Pattern Recognition

I Know First’s algorithm correctly predicted 8 out of the 10 stocks in the long position to increase on the 1-month time horizon from February 2nd. The top stock for this forecast was ARCW, by a large margin, with a 74.64% return. Other top returners for this package were OTIV and AMSC bringing returns of 44.90% and 20.70% for the month. The overall return on this package was 13.82% compared to the S&P 500’s 2.43% return for the same period.

ARC Group Worldwide (ARCW) is a leading global advanced manufacturing and 3D printing service provider. The company manufactures and sells precision components, tooling products, flanges, fittings, and wireless equipment in the United States and internationally. The company’s earning report for Q2 was released in mid-February revealing a slight increase in revenue and narrowing of operating margins, but overall sustainability.

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.