Stock Forecasting Based on Genetic Algorithms: Returns up to 50.77% in 7 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

fundamentals
Package Name: Fundamental – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 7 Days (5/20/2020 – 5/27/2020)
I Know First Average: 18.32%
Stock Forecasting
Stock Forecasting chart

During the 7 Days forecasted period several picks in the Fundamental – Low P/E Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The top performing prediction from this package was ETM with a return of 50.77%. NNBR and DS followed with returns of 43.5% and 33.57% for the 7 Days period. The package’s overall average return was 18.32%, providing investors with a 14.45% premium over the S&P 500’s return of 3.87% during the same period.

Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, talk, classic rock, adult contemporary, alternative, country, and others. As of July 21, 2016, its portfolio consisted of 124 radio stations in 27 markets. Entercom Communications Corp. was founded in 1968 and is based in Bala Cynwyd, Pennsylvania.

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.