Stock Market Outlook Based on Machine Learning: Returns up to 129.32% in 1 Year

Stock Market Outlook

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 P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Year (10/25/2016 – 10/25/2017)
I Know First Average: 43.03%
Stock Market Outlook

During the 1 Year forecasted period several picks in the Fundamental – Low P/E Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was EXEL, at 129.32%. Further notable returns came from AXGN and NAV at 125.14% and 83.05%, respectively. The Fundamental – Low P/E Stocks package had an overall average return of 43.03%, providing investors with a premium of 24.17% over the S&P 500’s return of 18.86%.

Exelixis Inc.  (EXEL) is a biopharmaceutical company. The Company is engaged in developing small molecule therapies for the treatment of cancer. The Company is focusing on resources development and commercialization of COMETRIQ (cabozantinib) for the treatment of progressive, metastatic medullary thyroid cancer (MTC) in the United States.

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

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