Trend Following Based On Algorithms: Up To 78.04% Return In 3 Months

Trend Following

This trend following forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 3 Months (01/26/16 – 04/26/16)
I Know First Average: 21.18%

Trend Following

The genetic algorithm correctly predicted the increase of all ten top stock picks for this forecast in addition to the S&P 500. ABX was our highest-earning stock with a 78.04% return in just 3 months. UA and KMI also both returned in the double digits bringing investors 37.18% and 27.26% respectively. The package had an overall average return of 21.18% offering investors a premium over the S&P 500’s 11.43% increase.

Barrick Gold Corporation (ABX), produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, including the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. 1st quarter earnings are in and the stock price is in motion.

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.