Stock Market Forecast Based on Genetic Algorithms: Returns up to 30.66% in 1 Month

July 7, 2020

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

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Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Month (6/5/2020 – 7/6/2020)
I Know First Average: 4.36%
Stock Market Forecast
Stock Market Forecast chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Fundamental – High P/E Stocks Package for this 1 Month forecast. TQQQ was our best stock pick this week a return of 30.66%. Additional high returns came from SBLK and TREE, at 11.39% and 7.36% respectively. With these notable trade returns, the package itself registered an average return of 4.36% compared to the S&P 500’s return of 2.16% for the same period.

The ProShares UltraPro QQQ provides 3x leveraged exposure to a modified market-cap-weighted index tracking 100 of the largest nonfinancial firms listed on NASDAQ.

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.

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