Stock Analysis Based On Algorithms: Up to 7.06% (Long) Returns in 7 days

Stock Analysis

Our fundamental package is one which includes our algorithmic forecasts for stocks answering a number of fundamental criteria. The package includes forecasts for stocks with high and low of each of the four basic valuation indicators:
  • P/E (price to earnings ratio)
  • PEG (price/earnings to growth ratio)
  • price-to-book ratio
  • price-to-sales ratio

Our algorithms help you find best opportunities for both long and short positions in stocks within each fundamental screen.

Package Name: Fundamental – High P/B ratio stocks
Forecast Length: 7  Days (05/05/16– 05/12/16)
I Know First Average: 3.20% (long); 2.29% (short)

Stock Analysis

The I Know First predictive algorithm accurately forecasted 16 out of 20 stocks movement for the 7 day time horizon starting on May 5th, 2016. Top performers for this package were HAIN, followed by PPC and OKE, with returns of 7.06%, 6.82%, and 5.55%. The package returned an average of 3.20% for the long position, compared to the S&P 500’s return of 2.34% for the same 7 days. For the short position, top stock picks were SPWR and AAL with their noteworthy returns of 8.16% and 5.66%. The packages average return was 2.29% for the short position while the S&P 500 returned 0.63% for the period.

The Hain Celestial Group is an American food company whose main focus is foods and personal care products. Their products range from herbal teas, offered through their Celestial Seasonings brand, to chickens from the FreeBird brand. hain Celestial’s US segment reported improved results compared to fiscal 3Q15. It recorded 3Q16 net sales of $352 million, an increase of 2% compared to 3Q15. Helping to contribute to the increase in Hain’s stock prices.

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 algorithmic traders.

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