Stock Forecasting Based on Predictive Analytics: Returns up to 14.5% in 3 Days

Stock Forecasting

The Fundamental Package includes our algorithmic stock forecasting for stocks screened by fundamental criteria. Our algorithms help you find the best opportunities for both long and short positions for the stocks within each fundamental screen. The stock forecasting is 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 PEG Stocks
Recommended Positions: Long
Forecast Length: 3 Days (10/4/2020 – 10/7/2020)
I Know First Average: 5.5%
Stock Forecasting
Stock Forecasting chart

This Fundamental – Low PEG Stocks Package forecast had correctly predicted 8 out of 10 stock movements. MOD was our best stock pick this week a return of 14.5%. TEX and TCBI followed with returns of 12.83% and 11.55% for the 3 Days period. This algorithmic forecast package presented an overall return of 5.5% versus S&P 500’s performance of 2.12% providing a market premium of 3.38%.

Modine Manufacturing Company (MOD) develops, manufactures, and markets heat exchangers and systems for use in on-highway and off-highway original equipment manufacturer (OEM) vehicular applications, and to various building, industrial, and refrigeration markets worldwide. The company operates through Americas, Europe, Asia, and Building HVAC segments. It offers powertrain cooling products, such as engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products consisting of exhaust gas recirculation coolers, engine oil coolers, fuel coolers, charge air coolers, and intake air coolers; and auxiliary coolers, such as transmission and retarder oil coolers, and power steering coolers, as well as component assemblies, radiators, and battery cooling products. The company also provides gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; hydronic products consisting of commercial fin-tube radiation, cabinet unit heaters, and convectors; roof mounted direct- and indirect-fired makeup air units; commercial packaged rooftop ventilation units; unit ventilators; single packaged vertical units; geothermal and water-source heat pumps; precision air conditioning units for data center applications; air-handling units; chillers; ceiling cassettes; and condensing units. It serves automobile, truck, bus, specialty vehicle, agricultural, industrial, construction equipment, and heating, ventilation, and cooling OEMs; construction architects and contractors; wholesalers of heating equipment; mining equipment and engine manufacturers; industrial manufacturers of material handling equipment, generator sets, and compressors; mechanical contractors; HVAC wholesalers; installers; and end users in commercial and industrial applications. The company also exports its products. Modine Manufacturing Company (MOD) was founded in 1916 and is headquartered in Racine, Wisconsin.

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.