Stock Forecasting Based on Big Data: Returns up to 22.78% in 3 Days

February 9, 2020

Stock Forecasting

The Fundamental Package includes our algorithmic stock forecasting for stocks screened by fundamental criteria. Our 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: 3 Days (2/3/2020 – 2/6/2020)
I Know First Average: 7.14%
Stock Forecasting
Stock Forecasting chart

9 out of 10 stock prices in this forecast for the Fundamental – Low P/E Stocks Package moved as predicted by the algorithm. The prediction with the highest return was CGEN, at 22.78%. Other notable stocks were PENN and DB with a return of 17.0% and 13.33%. The overall average return in this Fundamental – Low P/E Stocks package was 7.14%, providing investors with a 3.41% premium over the S&P 500’s return of 3.73% during the same period.

Compugen Ltd., a therapeutic discovery company, engages in the research, development, and commercialization of therapeutic and product candidates in Israel and Europe. The company was incorporated in 1993 and is headquartered in Holon, Israel.

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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