Trade Ideas Based on Artificial Intelligence: Returns up to 8.63% in 14 Days

Trade Ideas

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find best opportunities and creates trade ideas 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 PEG Stocks
Recommended Positions: Long
Forecast Length: 14 Days (06/23/2019 – 07/08/2019)
I Know First Average: 2.13%
Trade Ideas

Several predictions in this short-term 14 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. MDR was the top performing prediction with a return of 8.63%. AIR and BZUN saw outstanding returns of 7.72% and 7.06%. With these notable trade returns, the package itself registered an average return of 2.13% compared to the S&P 500’s return of 0.86% for the same period.

McDermott International, Inc. (MDR) provides engineering, procurement, construction and installation, and module fabrication services for upstream field developments worldwide. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. The company delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. Its operations include fabrication and offshore installation of fixed and floating structures; and the installation of pipelines and subsea systems, as well as provision of shallow water and deep water construction services. The company’s customers include national, integrated, and other oil and gas companies. McDermott International, Inc. (MDR) was founded in 1923 and is headquartered in Houston, Texas.

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.