Stock Forecasting Based on Pattern Recognition: Returns up to 220.0% in 1 Month

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: 1 Month (5/17/2020 – 6/17/2020)
I Know First Average: 33.2%
Stock Forecasting
Stock Forecasting chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Fundamental – Low P/E Stocks Package for this 1 Month forecast. NAVB was our best stock pick this week a return of 220.0%. Other notable stocks were INVE and OSTK with a return of 36.92% and 31.52%. The Fundamental – Low P/E Stocks package had an overall average return of 33.2%, providing investors with a premium of 24.48% over the S&P 500’s return of 8.72%.

Navidea Biopharmaceuticals, Inc. (NAVB) is a biopharmaceuticals company headquartered in Dublin, Ohio.  The company develops and commercializes precision immunodiagnostic agents and immunotherapeutics.

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.