Stock Market Forecast Based on Stock Algorithm: Returns up to 31.05% in 7 Days

Stock Market Forecast

The Fundamental Package includes our algorithmic stock market forecast 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

fundamentals
Package Name: Fundamental – Low Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/20/21 – 8/28/21)
I Know First Average: 9.49%
Stock Market Forecast
Stock Market Forecast chart

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Fundamental – Low Price-to-Book ratio Stocks Package for the 7 Days time period. The greatest return came from CRDF at 31.05%. The suggested trades for NMM and SBLK also had notable 7 Days yields of 16.36% and 16.03%, respectively. The package’s overall average return was 9.49%, providing investors with a 7.14% premium over the S&P 500’s return of 2.35% 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.