Stock Valuation Based on Self Learning Algorithm: Up to 29.49% (long) Return in 14 Days
Stock Valuation
This forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:
- top ten stocks pick to long
- top ten stocks pick to short
Package Name: Stocks Under $10
Forecast Length: 14 Days (03/15/2016 – 03/29/2016)
I Know First Average: 5.23% (long) & 9.15% (short)
The Stocks Under $10 package had 70% accuracy for the long position and 80% accuracy for the short position. There were several high-earning stocks this week for the long and short positions. In the long position, MCF, GGB, and X had the strongest performances with returns of 25.41%, 16.08%, 10.64% respectively. Top stocks in the short position were PTX, NRP, and DRYS with returns of 29.49%, 29.06%, and 13.51%. Overall, this I Know First package had average returns of 5.23% for the long position and 9.15% for the short position on the 14-day time horizon. For the same period, the S&P 500 returned 1.75% for investors.
Pernix Therapeutics Holdings, Inc. (PTX), a specialty pharmaceutical company, develops, manufactures, markets, and sells pharmaceutical products. Natural Resource Partners L.P. (NRP), through its subsidiaries, owns, operates, manages, and leases mineral properties in the United States. The company operates through four segments: Coal, Hard Mineral Royalty and Other; Soda Ash; VantaCore; and Oil and Gas. Contango Oil & Gas Company (MCF), an independent oil and natural gas company, acquires, explores, develops, exploits, and produces crude oil and natural gas properties in the offshore shallow waters of the Gulf of Mexico, and in the onshore Texas Gulf Coast and Rocky Mountain regions in the United States.
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.
