Stock Picking based on Neural Networks: Up to 18.71% in 3 Days

Stock Picking

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 3 days (01/21/16 – 01/24/16)
I Know First Average: 6.59%

Stock Picking

I Know First’s 3-Day forecast for the Top 10 Stocks + S&P500 package witnessed a remarkable 10 of the 10 stocks accordingly as the Algorithm correctly predicted. DVN was the Top Stock from the S&P500 package returning an incredible 18.71% in only 3 Days. The average return of 6.59% over the forecast time horizon easily outperformed the S&P500 average return of 2.56% over the same time.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. The stock gain momentum as new stimulus measures from some central banks may improve demand for oversupplied oil.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.