Stock Forecasting Based on Data Mining: Returns up to 126.38% in 1 Year

Stock Forecasting

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our stock forecasting 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 – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Year (8/18/2019 – 8/18/2020)
I Know First Average: 50.31%
Stock Forecasting
Stock Forecasting chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Fundamental – Low P/E Stocks Package for the 1 Year time period. The prediction with the highest return was AKBA, at 126.38%. JD, and FIVN had notable returns of 124.74% and 96.63%. The package had an overall average return of 50.31%, providing investors with a premium of 32.96% over the S&P 500’s return of 17.35% during the same period.

Akebia Therapeutics, Inc., incorporated on February 27, 2007, is a biopharmaceutical company. The Company focuses on the development and commercialization of therapeutics based on hypoxia-inducible factor (HIF) biology. The Company’s lead product candidate, vadadustat, is indicated for the treatment of anemia in chronic kidney disease (CKD). It is involved in developing vadadustat as an oral therapy. The Company’s vadadustat is a HIF-prolyl-hydroxylase (HIF-PH) inhibitor in Phase III development for the treatment of anemia of CKD.

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.