Stocks For Short Position Based On Big Data: Up to 40.06% Return in 14 Days

Stock For Short Position

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

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

Package Name: Risk-Conscious
Forecast Length: 14 Days (1/05/2016 – 1/19/2016)
I Know First Average: 21.52%


Stock For Short Position

I Know First’s 14-day forecast from the Risk-Conscious package ten out of the ten stocks decrease in accordance with the algorithm’s prediction. DRYS performed well, returning 40.06% during the time horizon as the algorithm indicated. Likewise, CDTI and KEM were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 39.36% and 31.54% over 14 days. The average return of 21.35% during the forecasted time horizon outperformed the S&P 500 return of 6.53% during the same time.

DryShips Inc. provides ocean transportation services for drybulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. The company recently annunced “Company’s Special Meeting of Shareholders” where the main topic will be the forward-looking statements that reflect the current views respect to future events and financial performance.

Algorithmic traders utilise 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