Stock Market Forecast Based on Artificial Intelligence: Returns up to 730.67% in 1 Year
Stock Market Forecast
Stock Market Forecast: 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
Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Year (11/24/23 – 11/24/24)
I Know First Average: 98.41%
During the 1 Year forecasted period several picks in the Fundamental – High P/E Stocks Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. The highest trade return came from MSTR, at 730.67%. Other notable stocks were PAR and WSM with a return of 103.07% and 89.54%. The overall average return in this Fundamental – High P/E Stocks package was 98.41%, providing investors with a 67.41% premium over the S&P 500’s return of 31.0% 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.