Trend Following utilizing Machine Learning: Up To 54.40% Return In 7 Days

Trend Following

Trend Following: 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 (04/10/2016 -04/17/2016)
I Know First Average: 16.64%

Trend Following

The algorithm correctly predicted the increase of 8 out of 10 stocks in the long position on the 7-day time horizon for this package. The top-returning stock was DSCO with its 54.40% return. SID, DNR, and GGB also impressed investors with their returns of 45.45%, 27.70%, and 19.46% respectively. The package returned an average of 16.64% against the S&P 500’s return of 1.62% for the same period.

Discovery Laboratories, Inc., a specialty biotechnology company, focuses on developing products for critical-care patients with respiratory disease and improving care in pulmonary medicine. Its proprietary drug technology produces a synthetic peptide-containing surfactant (KL4 surfactant in liquid, lyophilized, and aerosolized dosage forms)

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. 

Get today’s forecast and Top stock picks.