Stock Market Forecast Based on AI: Returns up to 30.02% in 14 Days

May 4, 2021

Stock Market Forecast

The Stock Market Forecast 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 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 (4/18/21 – 5/3/21)
I Know First Average: 6.54%
Stock Market Forecast
Stock Market Forecast chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. CLDX was the highest-earning trade with a return of 30.02% in 14 Days. The suggested trades for SGMS and BGFV also had notable 14 Days yields of 21.44% and 16.63%, respectively. The package had an overall average return of 6.54%, providing investors with a premium of 6.37% over the S&P 500’s return of 0.17% during the same 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.

Fundamental