Undervalued Stocks Based on Deep Learning: Returns up to 5.06% in 14 Days

Undervalued Stocks

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the top ETFs by screening our database daily using our advanced algorithm. The full ETFs Package includes a daily forecast for a total of 20 ETFs with bullish and bearish signals:

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

Package Name: ETFs Forecast
Recommended Positions: Long
Forecast Length: 14 Days (06/25/2018 – 07/09/2018)
I Know First Average: 1.75%
Undervalued Stocks

For this 14 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from PBE, at 5.06%. The suggested trades for BBH and MORL also had notable 14 Days yields of 3.83% and 3.69%, respectively. The overall average return in this ETFs Forecast package was 1.75%, providing investors with a 0.69% premium over the S&P 500’s return of 1.06% during the same period.

PowerShares Dynamic Biotechnology & Genome Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Dynamic Biotechnology & Genome Intellidex Index (the Underlying Intellidex). The Underlying Intellidex consists of stocks of 30 United States biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes, and companies that benefit significantly from scientific and technological advances in biotechnology and genetic engineering and research. These companies may include companies involved in the research, development or production of pharmaceuticals, including veterinary drugs. Stocks are selected principally on the basis of their capital appreciation potential as identified by the AMEX (the Intellidex Provider) pursuant to its Intellidex methodology. The Fund’s investment advisor is PowerShares Capital Management LLC.

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.