Stock Forecasting Based on Big Data: Returns up to 51.46% in 14 Days

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

Package Name: Fundamental – High Price-to-Sales ratio Stocks
Recommended Positions: Long
Forecast Length: 14 Days (7/8/2020 – 7/22/2020)
I Know First Average: 23.16%
Stock Forecasting
Stock Forecasting chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The top-performing prediction in this forecast was VSLR, which registered a return of 51.46%. The suggested trades for OPK and NVAX also had notable 14 Days yields of 45.17% and 40.06%, respectively. The package had an overall average return of 23.16%, providing investors with a 19.00% premium over the S&P 500’s return of 4.16% during the period.

Vivint Solar, Inc. (VSLR) provides distributed solar energy to residential, commercial, and industrial customers in the United States. It operates through two segments, Residential and C&I.; The company installs and owns solar energy systems through long-term customer contracts, such as power purchase agreements and solar energy system leases. It also offers photovoltaic installation devices and software products. As of December 31, 2015, the company had an aggregate capacity of 458.9 megawatts covering 68,500 homes in 12 states. It has operations in Arizona, California, Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, New Mexico, New York, Pennsylvania, South Carolina, and Utah. The company was formerly known as V Solar Holdings, Inc. and changed its name to Vivint Solar, Inc. (VSLR) in April 2014. Vivint Solar, Inc. (VSLR) was founded in 2011 and is headquartered in Lehi, Utah.

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.