Stock Market Predictions Based on Data Mining: Returns up to 25.88% in 7 days

Stock Market Predictions

The Fundamental Package includes our algorithmic stock market predictions 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 P/E
Recommended Positions: Long
Forecast Length: 7 days (7/21/2019 – 7/29/2019)
I Know First Average: 2.77%
Stock Market Predictions
Stock Market Predictions chart

In this 7 days forecast for the Fundamental Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The prediction with the highest return was OSTK, at 25.88%. The suggested trades for BCOV and AMC also had notable 7 days yields of 8.7% and 8.63%, respectively. The package itself saw an overall return of 2.77%, providing investors with a 1.28% premium above the S&P 500’s return of 1.49% for the same time period.

Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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.