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Trading Algorithm Beats Analysts Again: The Tesla Motors Case

October 21, 2014

Algorithmic Trading Performance Review

On July 14^th 2014 I Know First Algorithm predicted Tesla would show strong returns in the 3 months forecast. Investors who followed the 3 months forecast would have accumulated a decent return on the 14^th of October of 4.09%. On September 14^th 2014 I Know First Algorithm recommended to short Tesla in its 1 month forecast. Investors who followed that 1 month forecast would have shown a return of 18.67% in 1 month. However, the more experienced investor could have used both predictions to his advantage and maximized his returns to an impressive 45.83%. At the same time following the average analyst recommendation the investor would have lost 11%.