Stock Ideas Based on Algorithmic Trading: Returns up to 6.4% in 3 Days

August 18, 2019

Stock Ideas

The 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 stock ideas 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
Recommended Positions: Long
Forecast Length: 3 Days (8/15/2019 – 8/18/2019)
I Know First Average: 3.46%
Stock Ideas
Stock Ideas chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Fundamental Package for the 3 Days time period. The top performing prediction from this package was DVAX with a return of 6.4%. AKBA and JD also performed well for this time horizon with returns of 6.09% and 5.6%, respectively. The package had an overall average hit ratio of 3.46% during the period.

Dynavax Technologies Corporation (DVAX), a clinical-stage biopharmaceutical company, discovers and develops novel vaccines and therapeutics in the United States

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.

Fundamental