Market Forecast Based on Self-Learning Algorithm: Over 11% Return
Market Forecast
Stock market predictions: Our fundamental package is one which includes our trading algorithm’s forecasts for bullish stocks to buy that answer a number of fundamental criteria. The package includes forecasts for stocks with high and low of each of the four basic valuation indicators of quantitative trading based on a self-learning algorithm:
- P/E (price to earnings ratio)
- PEG (price/earnings to growth ratio)
- price-to-book ratio
- price-to-sales ratio
Our algorithms help you find best opportunities for both long and short positions in stocks within each fundamental screen.
Package Name: Fundamental – High P/E Ratio Stocks
Forecast Length: 7 Days (08/28/16– 09/4/16)
I Know First Average: 5.02%
The highest returning stock for the 7 day period was SINA Corp. (SINA) which had a return of 11.46%%. OSUR, as well had a notable return of 11.08%, during the same period. The package’s overall average return was 5.02%, providing investors with a 4.52%% premium over the SP500’s return of 0.5%, during the same period. 8 out of 10 stocks in the long position for this forecast increased as correctly predicted by the I Know First algorithm.
SINA Corp. (SINA), a Chinese company that works in the online media sector, operates in four main channels – Sina Weibo, Sina Mobile, Sina Online, and Sina.net.
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 algorithmic traders.
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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.