Stock Price Predictor Based On Artificial Intelligence: Up To 70.93% Return in 14 Days

Stock Price Predictor

This Biotech Stocks forecast 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: Industry Package – Biotech Stocks
Forecast Length: 14 Days (07/06/15 – 07/20/15)
I Know First Average: 13.04%

Stock Price Predictor

I Know First’s 14 days forecast from the industry package had 8 of the 10 stocks increase in accordance with the algorithm’s prediction.  EXEL performed extremely well, returning 70.93% during the time horizon as the algorithm indicated. Likewise, XOMA and ALNY were also included in the top 10 picks of the industry forecast and had strong returns of 21.18% and 13.60% respectively over 14 days. The average return of 13.04% during the forecasted time horizon easily outperformed the S&P 500 return of 2.48% during the same time. This means it is more than 5 times superior than the S&P 500 return.

Exelixis (EXEL), a biopharmaceutical company specialized in the cancer treatment, announced yesterday the positive results of its test of its innovative cancer drug. The test showed that this drug reduces significantly the death probability of patients. So on July 20, the stock soared 50%. Alnylam (ALNY) and XOMA are also pharmaceutic corporations which reported huge returns. Cowen Group upgraded its investment rating for XOMA stock ahead of the upcoming clinical program results.

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.