Stock Market Forecast Based on Algo Trading: Returns up to 104.92% 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 (5/19/2020 – 5/26/2020)
I Know First Average: 18.75%
Stock Market Forecast
Stock Market Forecast chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Fundamental – Low Price-to-Book ratio Stocks Package for the 7 Days time period. The prediction with the highest return was NAVB, at 104.92%. EGLE and AR also performed well for this time horizon with returns of 18.18% and 16.83%, respectively. This algorithmic forecast package presented an overall return of 18.75% versus S&P 500’s performance of 1.28% providing a market premium of 17.47%.

Navidea Biopharmaceuticals, Inc. (NAVB) is a biopharmaceuticals company headquartered in Dublin, Ohio.  The company develops and commercializes precision immunodiagnostic agents and immunotherapeutics.

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.