Stock Picking Based On Algo Trading: Up To 67.74% Return In 1 Months

Stock Picking

This Stock Picking 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

Algorithmic TradingPackage Name: Stocks Under 5 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (04/08/2016 -05/08/2016)
I Know First Average: 20.70%

stock picking

The amazing performance of the Under $5 package was due to be noticed with an average of 20.70% beating the S&P500. The top stocks that shined in this package were DNR with 67.74%, SID with 53.40% and CDE with 33.00%. The S&P500 was able to bring 0.75% and therefore this package deserves an honorary mention for its 20.70% average return.

Denbury Resources is an independent oil and natural gas company headquartered in Plano, Texas, and operates mainly in The Gulf Coast and The Rocky Mountains. The company believes to have produced an estimated 437.7 million barrels of oil equivalents since December 31, 2014. The company emphasizes the use of carbon dioxide enhanced oil recovery in their operations.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. 

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