Stock Forecast Based on Stock Prediction Algorithm: Returns up to 38.35% in 7 Days

Stock 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

Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 7 Days (03/10/2019 – 03/17/2019)
I Know First Average: 8.04%
Stock Forecast

For this 7 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from VRA, at 38.35%. The suggested trades for TIS and WP also had notable 7 Days yields of 37.61% and 2.51%, respectively. The overall average return in this Fundamental – High P/E Stocks package was 8.04%, providing investors with a 5.15% premium over the S&P 500’s return of 2.89% during the same period.

Vera Bradley, Inc. (Vera Bradley), incorporated on June 23, 2010, is a designer of women’s handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The Company’s segments include Direct and Indirect. The Company offers various products, including bags, travel, home and accessories. Its accessories include fashion accessories, such as wallets, wristlets, eyeglass cases, jewelry, and scarves and various technology accessories. Its travel product category includes rolling luggage, cosmetics, travel and packing accessories, and travel bags, which includes its duffel and weekend bags. Its home category includes textiles, including throw blankets, beach towels, and comforters, wellness and beauty, as well as items, such as mugs and tumblers.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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