Stock Prediction Algorithm Based on Algorithmic Trading: Returns up to 23.17% in 3 Days

Stock 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

fundamentals
Package Name: Fundamental – High price-to-sales ratio Stocks
Recommended Positions: Long
Forecast Length: 3 Days (11/17/2017 – 11/21/2017)
I Know First Average: 5.34%
Stock Prediction Algorithm

During the 3 Days forecasted period several picks in the Fundamental – High price-to-sales ratio Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was AXDX, at 23.17%. Further notable returns came from CFNB and NKTR at 15.79% and 11.24%, respectively. The Fundamental – High price-to-sales ratio Stocks package had an overall average return of 5.34%, providing investors with a premium of 4.82% over the S&P 500’s return of 0.52%.

Accelerate Diagnostics, Inc.  (AXDX)  is an in vitro diagnostic company founded in December 1982 and headquartered in Tuscon, Arizona.  The company develops and commercializes identification and antibiotic susceptibility instruments in the medical field.

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.