Stock Pricing Based on Artificial Intelligence: Up to 35.71% (short) Return in 1 Month

Stock Pricing

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

Package Name: Top 10 Stocks
Forecast Length: 1 Month (10/19/15 – 11/19/15)
I Know First Average: 7.32% (Long) and 10.84% (Short)

Stock Pricing

 

On the long side, KITE took the lead returning 29.25% during the 1-Month time horizon as the algorithm indicated.  ALNY and VRTX were also included in the top 10 picks of the S&P500 and had returns of 21.14% and 13.79% respectively over 1-Month. The average return of this 1-Month forecast was 7.32% compared to the S&P500 which returned 2.37%. On the short side, CHK returned 35.71% and FCX returned 32.40%. The I Know First Short Average was 10.84%.

Kite Pharma, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel cancer immunotherapy products. The company is developing a pipeline of engineered autologous cell therapy-based product candidates for the treatment of solid and hematological malignancies. The Company has announced their Third-quarter revenues standing at $5.1 million, above the Zacks Consensus Estimate of $4 million.

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.