Undervalued Stocks Based on Algo Trading: Returns up to 87.93% in 1 Month

Undervalued Stocks

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 four basic valuation categories:

  • P/E (price to earnings ratio)
  • PEG (price/earnings to growth ratio)
  • price-to-book ratio
  • price-to-sales ratio

Package Name: Fundamental – Low price-to-book ratio Stocks
Recommended Positions: Long
Forecast Length: 1 Month (10/13/2016 – 11/13/2016)
I Know First Average: 15.33%
Undervalued Stocks

6 out of 10 stock prices in this forecast for the Fundamental Package moved as predicted by the algorithm. MTL was our best stock pick this week a return of 87.93%. Other notable stocks were CLD and AEG with a return of 33.94% and 21.09%, accordingly. The package saw an overall yield of 15.33% versus the S&P 500’s return of 1.18% implying a market premium of 14.15%.

Mechel Sp ADR (MTL) engages in mining and steel businesses in Asia,the Russian Federation, the Commonwealth of Independent States, Europe, the Middle East, the United States, and internationally. Mechel PAO works in three different sectors,Mining, Steel, and Power. The company was built in 2013 and is based in Moscow, the Russian Federation.

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.