Stock Scanner Based On Self Learning Algorithm: Up To 20.51% Return In 14 Days

Stock Scanner

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stocks and conservative stock picks by screening our database daily for higher volatility stocks that present more opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks pick that best fit for long position
  • top ten aggressive stocks pick that best fit for short position
  • top ten conservative stocks pick that best fit for long position
  • top ten conservative stocks pick that best fit for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 14 Days (05/31/2016 – 06/14/2016)
I Know First Average: 2.64%

Stock Scanner

I Know First’s algorithm correctly predicted 7 out of the 10 stocks in the long position to increase on the 14 Days time horizon from May 31st. The top stock for this forecast was PES, with a 20.51% return. Other top returners for this package were OGXI and VICL with returns of 11.34% and 10.20% for 14 Days . The overall return on this package was an astounding 2.64% compared to the S&P 500’s mere -1.13% return for the same period.

Pioneer Energy Services Corp. (PES), provides land-based drilling and production services to oil and gas exploration and production companies in the United States and Colombia. The rise in stocks prices is due to a rise in the cost of Crude oil barrels, topping the 50$ mark.

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.