Stock Forecasting Based on Predictive Analytics: Returns up to 32.12% in 14 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: 14 Days (5/10/2020 – 5/25/2020)
I Know First Average: 11.77%
Stock Forecasting
Stock Forecasting chart

8 out of 10 stock prices in this forecast for the Fundamental – Low P/E Stocks Package moved as predicted by the algorithm. The top performing prediction from this package was FPRX with a return of 32.12%. MGNX and NERV also performed well for this time horizon with returns of 24.73% and 24.28%, respectively. The package saw an overall yield of 11.77% versus the S&P 500’s return of 0.88% implying a market premium of 10.89%.

Five Prime Therapeutics, Inc., incorporated on December 20, 2001, is a clinical-stage biotechnology company focused on discovering and developing protein therapeutics. The Company has three product candidates in clinical development covering multiple potential indications. It focuses on immuno-oncology, an area in which it has clinical and discovery programs, and product and discovery collaborations. The Company’s product candidates include Cabiralizumab (FPA008), FPA144 and FP-1039. Its preclinical programs include FPA150, FPA154 and FPT155.

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.