Stock Market Predictions Based on Data Mining: Returns up to 45.23% in 14 Days

June 6, 2023

Stock Market Predictions

Stock Market Predictions: The Fundamental Package includes our algorithmic forecasts 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

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Package Name: Fundamental – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 14 Days (5/22/23 – 6/5/23)
I Know First Average: 13.8%
Stock Market Predictions
Stock Market Predictions chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Fundamental – Low P/E Stocks Package for this 14 Days forecast. MVIS was the top performing prediction with a return of 45.23%. Further notable returns came from LTCH and SUNW at 33.0% and 27.73%, respectively. The package saw an overall yield of 13.8% versus the S&P 500’s return of 1.95% implying a market premium of 11.85%.

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.

Fundamental