Stock Market Forecast Based on Predictive Analytics: Returns up to 26.97% 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 – High Price-to-Sales ratio Stocks
Recommended Positions: Long
Forecast Length: 3 Days (5/8/2020 – 5/11/2020)
I Know First Average: 4.83%
Stock Market Forecast
Stock Market Forecast chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The top-performing prediction in this forecast was MGNX, which registered a return of 26.97%. WIX and LAMR also performed well for this time horizon with returns of 10.63% and 4.73%, respectively. The package saw an overall yield of 4.83% versus the S&P 500’s return of 1.71% implying a market premium of 3.12%.

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.