Stock Picking Algorithm Based on Big Data Analytics: Returns up to 12.46% in 3 Days

Stock Picking 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 price-to-sales ratio Stocks
Recommended Positions: Long
Forecast Length: 3 Days (03/24/2017 – 03/27/2017)
I Know First Average: 4.32%
Stock Picking Algorithm

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Fundamental – High price-to-sales ratio Stocks Package for the 3 Days time period. The greatest return came from RIGL at 12.46%. RDCM and XOMA also performed well for this time horizon with returns of 10.83% and 9.17%, respectively. The package itself saw an overall return of 4.32%, providing investors with a 4.51% premium above the S&P 500’s return of -0.19% for the same time period.

Rigel Pharmaceuticals, Inc., a clinical-stage biotechnology company, engages in the discovery and development of drugs in the therapeutic areas of immunology, oncology, and immuno-oncology.

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.