Undervalued Stocks: up to 14.56% Return in 3 days

Undervalued Stocks

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks pick that best fit for long position
  • top ten aggressive stocks pick that best fit for short position
  • top ten conservative stocks pick that best fit for long position
  • top ten conservative stocks pick that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 3 Days (1/21/2016 – 1/24/2016)
I Know First Average: 5.71%

undervalued stocks

I Know First’s 3-day forecast from the Risk-Conscious package eight out of the ten stocks decrease in accordance with the algorithm’s prediction. OXGN performed well, returning 14.56% during the time horizon as the algorithm indicated. Likewise, PSTI and PTN were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 14.47% and 14.15 % over 3 days. The average return of 5.71% during the forecasted time horizon outperformed the S&P 500 return of 2.56% during the same time.

OXiGENE, Inc., a biopharmaceutical company, focuses on the development of vascular disrupting agents to treat cancer in the United States. Its principal clinical stage product includes fosbretabulin tromethamine, a reversible tubulin binding agent, which has completed Phase II clinical trial for treating recurrent ovarian cancer.

OXiGENE, Inc. (OXGN), a biopharmaceutical company developing vascular disrupting agents (VDAs) for the treatment of cancer, today announced that the European Commission has granted orphan drug designation to OXi4503 for the treatment of acute myeloid leukemia (AML).

Algorithmic traders utilise 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