Stock Market Prediction Algorithm Based on Pattern Recognition: Returns up to 22.03% in 14 Days

Stock Market Prediction Algorithm

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

Package Name: Fundamental – High PEG Stocks
Recommended Positions: Long
Forecast Length: 14 Days (10/30/2018 – 11/13/2018)
I Know First Average: 5.56%
Stock Market Prediction Algorithm

The algorithm correctly predicted 8 out 10 of the suggested trades in the Fundamental – High PEG Stocks Package for this 14 Days forecast. VIVO was the highest-earning trade with a return of 22.03% in 14 Days. Additional high returns came from XLNX and WABC, at 7.10% and 6.94% respectively. The package had an overall average return of 5.56%, providing investors with a 2.50% premium over the S&P 500’s return of 3.06% during the period.

Meridian Bioscience, Inc., incorporated on June 25, 1976, is a life science company. The Company is engaged in the development, manufacture, sale and distribution of diagnostic test kits for gastrointestinal, viral, respiratory and parasitic infectious diseases, and elevated blood lead levels, and the manufacture and distribution of bulk antigens, antibodies, polymerase chain reaction (PCR)/quantitative PCR (qPCR) reagents, nucleotides, competent cells and bioresearch reagents used by researchers and other diagnostic manufacturers. The Company’s segments include Diagnostics and Life Science. The Diagnostics segment consists of manufacturing operations in Cincinnati, Ohio, and the sale and distribution of diagnostic test kits in the countries consisting of North, Central and South America (the Americas); Europe, Middle East and Africa (EMEA), and other countries outside of the Americas and EMEA (rest of the world (ROW)). Its facility includes research, development, manufacturing, marketing, sales and distribution operations. The Life Science segment consists of manufacturing operations in Memphis, Tennessee; Boca Raton, Florida; London, England; Luckenwalde, Germany, and Sydney, Australia.

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.