Stock Forecasting Based on Genetic Algorithms: Returns up to 31.24% in 1 Month

Stock Forecasting

The Stock Forecasting Fundamental Package includes our algorithmic forecasts 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

fundamentals
Package Name: Fundamental – Low Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 1 Month (8/6/21 – 9/7/21)
I Know First Average: 4.55%
Stock Forecasting
Stock Forecasting chart

During the 1 Month forecasted period several picks in the Fundamental – Low Price-to-Book ratio Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. RYI was our best stock pick this week a return of 31.24%. CLDX and ALB also performed well for this time horizon with returns of 13.69% and 10.63%, respectively. With these notable trade returns, the package itself registered an average return of 4.55% compared to the S&P 500’s return of 2.4% for the same period.

Ryerson Holding Corporation (RYI), together with its subsidiaries, processes and distributes various metals in in the United States, Mexico, Canada, China, and Brazil. The company offers a line of stainless steel, aluminum, carbon steel, and alloy steels, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structurals, and tubings. It also provides value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius, and processing materials to a specified thickness, length, width, shape, and surface quality pursuant to specific customer orders. The company serves various industries, including customers making products or equipment for the commercial ground transportation, metal fabrication and machine shops, industrial machinery and equipment, consumer durables, HVAC, construction, food processing, and agriculture, as well as oil and gas. Ryerson Holding Corporation (RYI) was founded in 1842 and is headquartered in Chicago, Illinois with an additional office located in Coon Rapids, Minnesota.

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.