Undervalued Stocks Based on Genetic Algorithm: Returns up to 51.24% in 14 Days

Undervalued Stocks

This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictors for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Stocks Under 10 Dollars
Recommended Positions: Long
Forecast Length: 14 Days (11/09/2016 – 11/23/2016)
I Know First Average: 20.15%
Undervalued Stocks

In this 14 Days forecast for the Stocks Under 10 Dollars Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was AKS, which registered a return of 51.24%. Other notable stocks were CHNR and MTL with a return of 44.95% and 28.05%. The package had an overall average return of 20.15%, providing investors with a premium of 17.10% over the S&P 500’s return of 3.05% during the same period.

AK Steel Holding Corporation (AKS), produces carbon, stainless and electrical flat-rolled steel for automotive, infrastructure, manufacturing and other markets, as well as carbon and stainless tubing for truck, automotive, and other markets. Facilities include blast furnace, electric furnace and tubing operations in Ohio, Kentucky, Pennsylvania, and Indiana.

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.