Most Undervalued Stocks Based on Algorithmic Trading: Returns up to 27.61% in 3 Days
Most Undervalued Stocks
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 most undervalued 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
I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Fundamental – Low P/E Stocks Package for the 3 Days time period. The greatest return came from INVE at 27.61%. KERX and TGB also performed well for this time horizon with returns of 7.76% and 3.79%, respectively. The package itself saw an overall return of 4.40%, providing investors with a 3.86% premium above the S&P 500’s return of 0.54% for the same time period.
Identiv, Inc. (INVE), develops and manufactures physical access control, identity management, and radio frequency identification systems. The Company’s products are used in corporate employee identification (ID) cards, company email, information technology networks and facility access control, in national ID cards and passports, transport passes, banking and other uses.
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.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.