Stock Ideas Based on Artificial Intelligence: Returns up to 67.08% in 1 Month

August 22, 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: 1 Month (7/21/2019 – 8/21/2019)
I Know First Average: 7.25%
Stock Ideas
Stock Ideas chart

In this 1 Month forecast for the Fundamental Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. PERI was the top performing prediction with a return of 67.08%. MTSI and OSTK saw outstanding returns of 14.89% and 11.17%. With these notable trade returns, the package itself registered an average return of 7.25% compared to the S&P 500’s return of -1.75% for the same period.

Perion Network Ltd. (PERI), a technology company, delivers advertising solutions to brands, advertising agencies, and publishers in North America, Europe, and internationally.

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