Stock Forecasting Based on Algorithmic Trading: Returns up to 37.7% in 3 Months

Stock Forecasting

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our stock forecasting algorithm helps you find best opportunities for both long and short positions for the stocks within each fundamental screen. The stocks are selected according to five basic valuation categories:

  • P/E (price to earnings ratio)
  • PEG (price/earnings to growth ratio)
  • price-to-book ratio
  • price-to-sales ratio
  • short ratio

fundamentals
Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 3 Months (8/6/2019 – 11/6/2019)
I Know First Average: 15.83%
Stock Forecasting
Stock Forecasting chart

In this 3 Months forecast for the Fundamental – High P/E Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The greatest return came from NVDA at 37.7%. CRUS and NVMI also performed well for this time horizon with returns of 31.34% and 28.88%, respectively. The package’s overall average return was 15.83%, providing investors with a 7.67% premium over the S&P 500’s return of 8.16% during the same period.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.