Stock Ideas Based on Data Mining: Returns up to 13.76% in 3 Days

Stock Ideas

Stock Ideas: The Fundamental Package includes our algorithmic forecasts 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 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: 3 Days (6/17/22 – 6/21/22)
I Know First Average: 3.53%
Stock Ideas
Stock Ideas chart

For this 3 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The top performing prediction from this package was CCO with a return of 13.76%. Other notable stocks were TUP and RWT with a return of 8.29% and 8.12%. The package itself saw an overall return of 3.53%, providing investors with a 0.86% premium above the S&P 500’s return of 2.67% for the same time period.

Clear Channel Outdoor Holdings, Inc. (CCO), an outdoor advertising company, owns and operates advertising display faces worldwide. It operates in two segments, Americas and International. The company offers advertising services through billboards comprising bulletins and posters; street furniture displays, including advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; and other out-of-home advertising displays, such as wallscapes and spectaculars, as well as mall displays. It also operates SmartBike bicycle rental program, which provides bicycles for rent to the general public in various municipalities; and sells street furniture equipment, as well as provides cleaning and maintenance, and production and creative services. Clear Channel Outdoor Holdings, Inc. (CCO) serves the retail, business services, media, healthcare and medical, banking and financial services, food and food products, entertainment, telecommunications and automotive, accessories, and equipment industries. As of December 31, 2015, it owned and operated approximately 650,000 advertising displays. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. (CCO) in August 2005. Clear Channel Outdoor Holdings, Inc. was incorporated in 1995 and is headquartered in San Antonio, Texas. Clear Channel Outdoor Holdings, Inc. is a subsidiary of iHeartCommunications, Inc.

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.