Undervalued Stocks Based on Deep Learning: Returns up to 47.71% in 3 Months

Undervalued Stocks

This forecast is part of the Stocks Under 20 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Undervalued Stocks stocks with bullish and bearish signals:

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

Package Name: Stocks Under 20 Dollars
Recommended Positions: Long
Forecast Length: 3 Months (12/11/2018 – 03/11/2019)
I Know First Average: 17.77%
Undervalued Stocks

Several predictions in this long-term 3 Months forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. SBS was the top performing prediction with a return of 47.71%. GOL and BBD saw outstanding returns of 46.36% and 23.54%. With these notable trade returns, the package itself registered an average return of 17.77% compared to the S&P 500’s return of 5.52% for the same period.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of São Paulo. The company operates through two segments, Water and Sewage. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy. As of December 31, 2015, the company provided water services through 8.4 million water connections to approximately 25.5 million people; and sewage services through 6.9 million sewage connections to approximately 22.8 million people, as well as operated 71,705 kilometers of water pipes and water transmission lines, and 48,774 kilometers of sewer lines. It also offers water and/or sewage services to other municipalities through special purpose companies; and consulting services regarding the rational use of water, as well as financial, commercial, and operational management services in Panama, Honduras, and Nicaragua. The company was founded in 1954 and is headquartered in São Paulo, Brazil.

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.