Stock Market Forecast Based on AI: Returns up to 27.65% in 7 Days

Stock Market Forecast

The Fundamental Package includes our algorithmic stock market forecast 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 Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/27/21 – 11/3/21)
I Know First Average: 3.22%
Stock Market Forecast
Stock Market Forecast chart

During the 7 Days forecasted period several picks in the Fundamental – Low Price-to-Book ratio Stocks Package saw significant returns. The algorithm had correctly predicted 6 out of 10 returns. OSTK was the highest-earning trade with a return of 27.65% in 7 Days. Additional high returns came from MOGO and SMID, at 10.11% and 8.97% respectively. The package itself saw an overall return of 3.22%, providing investors with a 1.34% premium above the S&P 500’s return of 1.88% for the same time period.

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.