Stock Prediction Algorithm Based On Algo Trading: 55.52% Return In 1 Month

Stock Prediction Algorithm

This stock prediction algorithm forecast includes the best small cap stocks determined by the algorithm with a market capitalization of less than a billion dollars.

  • 10 Best Small Cap stocks for the long position
  • 10 Best Small Cap stocks for the short position

Package Name: Small Cap Stocks
Forecast Length: 1 Month (04/03/2016– 05/03/2016)
I Know First Average: 55.52%

Stock Prediction Algorithm

6 of the 10 stocks for the long position included in the Small Cap forecast from April 3rd increased in accordance with the algorithm’s prediction. CLF lead the group with its outstanding 55.52% return. AMSC and MDVN also had strong performances with returns of 33.33% and 24.53% respectively. The package returned an average of 11.78% overall while the S&P 500 returned just -0.45%.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Since Q1 this year the CLF shares have soared and they are on an uptrend supported by the algorithm as you can observe in this forecast.

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.