Algorithmic Trading Based on Data Mining: Returns up to 46.49% in 14 Days

Algorithmic Trading

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find best opportunities for both long and short positions for the stocks within each fundamental screen. The stocks are selected according to five basic valuation categories:

  • P/E (price to earnings ratio)
  • PEG (price/earnings to growth ratio)
  • price-to-book ratio
  • price-to-sales ratio
  • short ratio

fundamentals Package Name: Fundamental – Low Short Ratio Stocks
Recommended Positions: Long & Short
Forecast Length: 14 Days (01/17/2017 – 01/31/2017)
I Know First Average: 7.32% (Long) & 10.56% (Short)
Algorithmic Trading

During the 14 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from DRYS which registered a return of 66.24%. For the long positions the largest growth was registered by PLX with a return of 46.49%, during the same period. The package itself, had an overall average return of 7.32%, in the long position, providing a premium of 7.13% over the SP500’s return of 0.19%. With regards to the short position, the package had an overall average return of 10.56%, providing investors with a premium of 10.37% over S&P500’s return of 0.19%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 8 out of 10 stocks, for the short position for this 14 Days forecasted period.

Descrição oficial da empresa: DryShips Inc. (DRYS) was founded in 2004 and has a contract offshore drilling business that operates drybulk carriers. The Company transports commodities including iron ore, coal, and grain, and minor bulks such as bauxite, phosphate and steel products.

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

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