Best Pharma Stocks Based on Deep Learning: Returns up to 112.16% in 7 Days
Best Pharma Stocks
This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:
- Top 10 Pharmaceutical stocks for the long position
- Top 10 Pharmaceutical stocks for the short position
Package Name: Pharma Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (2/19/24 – 2/26/24)
I Know First Average: 9.54%
In this 7 Days forecast for the Pharma Stocks Forecast Package, there were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. The top-performing prediction in this forecast was VINC, which registered a return of 112.16%. Further notable returns came from CDMO and ALXO at 7.33% and 3.79%, respectively. The Pharma Stocks Forecast package had an overall average return of 9.54%, providing investors with a premium of 8.26% over the S&P 500’s return of 1.28%.
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.
