Shorting Shares Based on Data Mining: Returns up to 60.77% in 14 Days

Shorting Shares

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 four basic valuation categories:

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

Package Name: Fundamental – Low PEG Stocks
Recommended Positions: Short
Forecast Length: 14 Days (10/20/2016 – 11/03/2016)
I Know First Average: 20.16%
shorting shares

During the 14 Days forecasted period several picks in the Fundamental Package saw significant returns. The algorithm had correctly predicted 10 out 10 stocks. The prediction with the highest return was SGY, at 60.77%. CPST, and LABU had notable returns of 29.73% and 26.85%. The Fundamental package had an overall average return of 20.16%, providing investors with a premium of 22.75% over the S&P 500’s return of -2.59%.

Stone Energy (SGY) is an independent oil and natural gas company engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. Their main area of involvement is in the Gulf of Mexico (GOM) and have been operating there since 1993, when they were established.

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.