Top Biotech Stocks Based on Pattern Recognition: Returns up to 11.12% in 3 Days

Top Biotech Stocks

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to buy for the whole Biotechnology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to trade:

  • Top 10 Biotech stocks for the long position
  • Top 10 Biotech stocks for the short position

BioTech Stocks
Package Name: Biotech Stocks Forecast
Recommended Positions: Long
Forecast Length: 3 Days (3/20/2020 – 3/24/2020)
I Know First Average: 1.92%
Top Biotech Stocks
Top Biotech Stocks chart

In this 3 Days forecast for the Biotech Stocks Forecast Package, there were many high performing trades and the algorithm correctly predicted 5 out 10 trades. FOLD was the top performing prediction with a return of 11.12%. Further notable returns came from RMTI and NVAX at 10.86% and 10.28%, respectively. This algorithmic forecast package presented an overall return of 1.92% versus S&P 500’s performance of 1.57% providing a market premium of 0.35%.

Amicus Therapeutics, Inc., a biotechnology company, engages in the discovery, development, and commercialization of medicines for various rare and orphan diseases. Its principal product is the migalastat HCl, an orally administered small molecule pharmacological chaperone for the treatment of Fabry disease, which has completed two global Phase III registration studies.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.