Stock Market Outlook Based on Data Mining: Returns up to 7.34% in 3 Days

Stock Market Outlook

The Fundamental Package includes our algorithmic stock market outlook 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 (12/29/2019 – 1/1/2020)
I Know First Average: 2.41%
Stock Market Outlook
Stock Market Outlook chart

7 out of 10 stock prices in this forecast for the Fundamental – Low Price-to-Book ratio Stocks Package moved as predicted by the algorithm. The prediction with the highest return was ENT, at 7.34%. DO, and RIG had notable returns of 6.2% and 4.72%. With these notable trade returns, the package itself registered an average return of 2.41% compared to the S&P 500’s return of -0.29% for the same period.

Global Eagle Entertainment Inc., incorporated on February 2, 2011, is a provider of aircraft connectivity systems, operations solutions and media content to the travel industry. The Company’s segments include Connectivity and Content. The Company, through its product and services platform, provide airlines with a range of in-flight solutions, including Wireless Fidelity (Wi-Fi), movies, television, music, interactive software, as well as portable in-flight entertainment (IFE) solutions, content management services, e-commerce solutions and original content development. The Company deploys its connectivity services across the world to the airline industry, with customers and flights located in North America, the Caribbean, Asia, the Middle East, Africa and Europe. It provides content curating and processing services to the airline, maritime, and non-theatrical industries. Its customers also include Hollywood and international studios.

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.