Stock Market Forecast

The Stock Market Forecast 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 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

Package Name: Fundamental – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 3 Days (5/8/2020 – 5/12/2020)
I Know First Average: 5.74%

In this 3 Days forecast for the Fundamental – Low P/E Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The highest trade return came from MGNX, at 30.97%. NERV, and OSTK had notable returns of 21.1% and 12.18%. The package itself saw an overall return of 5.74%, providing investors with a 6.12% premium above the S&P 500’s return of -0.38% for the same time period.

MacroGenics, Inc., incorporated on August 14, 2000, is a clinical-stage biopharmaceutical company focused on discovering and developing monoclonal antibody-based therapeutics for the treatment of cancer, as well as various autoimmune disorders and infectious diseases. The Company develops therapeutic product candidates using its antibody-based technology platforms and also in collaboration with other biopharmaceutical companies. The Company has a pipeline of product candidates in human clinical testing, primarily as treatments for different types of cancers, which are created primarily using its technology platforms. Its clinical product candidate is margetuximab, a monoclonal antibody directed against human epidermal growth factor receptor 2 (HER2) that has been enhanced using its Fc Optimization platform. It is also developing several product candidates targeting B7-H3, a protein in the B7 family of immune regulator proteins.

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.