Stock Forecasting Based on Big Data Analytics: Returns up to 77.54% in 1 Month

October 20, 2020

Stock Forecasting

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our stock forecasting algorithms help 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

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Package Name: Fundamental – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Month (9/18/2020 – 10/19/2020)
I Know First Average: 6.25%
Stock Forecasting
Stock Forecasting chart

In this 1 Month forecast for the Fundamental – Low P/E Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. PEIX was the top performing prediction with a return of 77.54%. Additional high returns came from ACOR and TSE, at 18.88% and 14.21% respectively. The package had an overall average return of 6.25%, providing investors with a premium of 4.17% over the S&P 500’s return of 2.08% during the same period.

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.

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