Stock Valuation Based On Algorithms: Up To 40.85% (Short) Return In 3 Days

Stock Valuation

This forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s algorithmic trading tools. It includes 20 stocks with bullish and bearish signals and indicates the best stocks under 10 dollars to buy:

  • Top 10 stocks for the long position
  • Top 10 stocks for the short position24 07 2013 10 48 51 Best Investments Based on Algorithms: 8.19% Gain in 14 Days

Package Name: Stocks Under 10 Dollars
Recommended Positions: Long and Short
Forecast Length: 3 Days (8/13/15 – 8/16/15)
I Know First Average: 4.26% (Long) and 4.54% (Short)

Stock Valuation

The Top Stocks Under $10 for both the long and the short position were included in the 3 Days forecast from 08/13/15 that was part of the “Stocks Under 10 Dollars” Package.

ITT Educational Services Inc. (ESI) had the best performance during the predicted time horizon with a steady return of 18.62%. Other stocks with impressive performances during the time horizon were Resource America, Inc. (REXI) and OXiGENE, Inc. (OXGN) with returns of 15.60% and 6.92%.

For the short position, Arch Coal Inc. (ACI) provided the largest returns to investors who shorted the stock during the predicted time period with a return of 40.85%.  The average returns for the long and short positions were 4.26% and 4.54%, both of which easily beat the S&P 500 return of 0.26% during the same time period. 

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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