Systematic Trading Based on AI: Up To 50% In 7 Days
Systematic Trading
Systematic Trading: This forecast is part of the “Stocks Under 5 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 5 Dollars
Recommended Positions: Long
Forecast Length: 7 Days (02/11/2016 -02/18/2016)
I Know First Average: 10.23%
In this Systematic Trading forecast, 6/10 stocks were correctly predicted by the algorithm. The stocks under 5$ forecast had a fantastic return despite the bearish market trend going on right now and also outperformed the S&P500 of 3.56%. The short period of seven days was sufficient for stocks like CDE and FBP to bring returns of 50% and 20%.
Coeur Mining, Inc. (CDE) stock rose 50% in the 7-day time horizon in accordance with the algorithm’s bullish forecast from February 11th. This outstanding growth for the company occurred despite the loss revealed in the 4Q earnings report on February 10th. Coeur Mining, Inc. suffered a small slump around this time, likely due to the earnings report, but has continued an upward trend that began mid-January reaching a market cap of $601.8 million on February 12th.
How to interpret this diagram
Please note-for trading decisions use the most recent forecast.
