Stock Market Outlook Based on Stock Prediction Algorithm: Returns up to 22.43% 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 (6/6/21 – 6/10/21)
I Know First Average: 5.85%
Stock Market Outlook
Stock Market Outlook chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The top performing prediction from this package was DTEA with a return of 22.43%. Further notable returns came from EDN and MVIS at 16.51% and 11.51%, respectively. The package saw an overall yield of 5.85% versus the S&P 500’s return of 0.22% implying a market premium of 5.63%.

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.