Stock Market Forecast Based on Big Data: Returns up to 15.93% in 3 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: 3 Days (10/11/2020 – 10/15/2020)
I Know First Average: 4.26%
Stock Market Forecast
Stock Market Forecast chart

I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Fundamental – Low Price-to-Book ratio Stocks Package for the 3 Days time period. The highest trade return came from PLT, at 15.93%. NTZ, and RRC had notable returns of 15.16% and 7.2%. The package’s overall average return was 4.26%, providing investors with a 4.08% premium over the S&P 500’s return of 0.18% during the same period.

Plantronics, Inc. (PLT) designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide. The company also manufactures and markets specialty telephone products under the Clarity brand. Its primary products include corded and cordless communication headsets; audio processors; telephone systems; Bluetooth and corded products; personal computer and gaming headsets; and specialty products for hearing impaired individuals. The company designs its products for various markets and applications, such as enterprise and home offices, contact centers, mobile phones and smartphones, tablets, computer and gaming, residential, and other specialty applications. Plantronics, Inc. (PLT) sells products through a network of distributors, retailers, wireless carriers, resellers, government programs, health care professionals, online retailers, catalog and mail order companies, mass merchants, carriers, system integrators, e-commerce partners, telephony and computer equipment providers, authorized resellers, UC alliances with providers of UC software solutions, and General Services Administration contractor to government agencies in the United States, as well as through direct sales and from its Website. The company was founded in 1961 and is headquartered in Santa Cruz, California.

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.