Top Stock Research Based On Machine Learning

This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:

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

Package Name: Biotech Stocks
Forecast Length: 7 Days (8/10/15 – 8/17/15)
I Know First Average: 3.63%

Seven of the ten stocks included in the Biotech Industry Package forecast from 08/10/15 increased in accordance with the algorithm’s prediction for the 7 day time horizon. The top performing stocks were Novogen Limited (NVGN) and Sangamo BioSciences (SGMO), with returns of 10.00% and 9.56% respectively. OXiGENE, Inc (OXGN) also posted outstanding returns of 6.20% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of 1.20% by 2.43% during the predicted time horizon.

The US-Australian drug development company, Novogen Limited (NVGN), had a change in management earlier this week. The company announced the appointment to the Board of Iain Ross, an experienced multi-national pharmaceutical and biotechnology executive. Mr Ross, a former director of Novogen Limited, will add experience to the leading drug development company and will take on the role of Acting Chief Executive.

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.

How to interpret this diagram

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