Undervalued Stocks Based on Algorithmic Trading: Returns up to 24.68% in 7 Days

Undervalued Stocks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 undervalued stocks with bullish and bearish signals:

  • Top 10 stocks pick for the long position
  • Top 10 stocks pick for the short position

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/30/2016 – 12/07/2016)
I Know First Average: 8.80%
Undervalued Stocks

9 out of 10 stock prices in this forecast for the Top 10 Stocks Package moved as predicted by the algorithm. FNMA was our best stock pick this week a return of 24.68%. AKS and X followed with returns of 20.69% and 20.31% for the 7 Days period. The package saw an overall yield of 8.80% versus the S&P 500’s return of 1.66% implying a market premium of 7.14%.

Federal National Mortgage Association (FNMA), provides liquidity and stability support services for the mortgage market in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS).

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.