Stock Price Prediction Based on Algo Trading: Returns up to 21.77% in 3 Days

Stock Price Prediction

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 – Low price-to-sales ratio Stocks
Recommended Positions: Long
Forecast Length: 3 Days (06/09/2017 – 06/12/2017)
I Know First Average: 3.07%
Stock Price Prediction

For this 3 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from CNTF, at 21.77%. The suggested trades for SMRT and GIII also had notable 3 Days yields of 8.18% and 5.82%, respectively. The overall average return in this Fundamental – Low price-to-sales ratio Stocks package was 3.07%, providing investors with a 3.25% premium over the S&P 500’s return of -0.18% during the same period.

China Techfaith Wireless Communication Technology Limited engages in the original design, development, and sale of mobile handsets in the People’s Republic of China and internationally. It operates through Mobile Phone and Real Estate segments.

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.