Market Forecast Based on Data Mining: Returns up to 5.58% in 3 Days

Market Forecast

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 PEG Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/13/2018 – 04/17/2018)
I Know First Average: 3.91%
Market Forecast

10 out of 10 stock prices in this forecast for the Fundamental – Low PEG Stocks Package moved as predicted by the algorithm. FI was our best stock pick this week a return of 5.58%. DHX and CATM followed with returns of 5.56% and 5.53% for the 3 Days period. The package saw an overall yield of 3.91% versus the S&P 500’s return of 1.59% implying a market premium of 2.32%.

Frank’s International N.V. provides various engineered tubular services for the oil and gas exploration and production companies in the United States and internationally. The company operates through three operating segments: International Services, U.S. Services, and Tubular Sales. Its tubular services include the handling and installation of multiple joints of pipe to establish a cased wellbore; and the installation of smaller diameter pipe inside a cased wellbore to provide a conduit for produced oil and gas to reach the surface. The company also designs, manufactures, sells, and distributes outside diameter (OD) pipes, connectors, and casing attachments; rents tubular handling equipment and other products; and provides specialized fabrication and welding services in support of deep water projects, including drilling and production risers, flowlines and pipeline end terminations, and long length tubulars for use as caissons or pilings. In addition, it distributes OD pipes manufactured by third parties. Frank’s International N.V. was founded in 1938 and is headquartered in Amsterdam, the Netherlands.

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.

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