Stock Market Predictions Based on Pattern Recognition: Returns up to 104.15% in 14 Days
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
Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 14 Days (11/1/24 – 11/15/24)
I Know First Average: 23.36%
For this 14 Days forecast the algorithm has successfully predicted 8 out of 10 movements. TMQ was our best stock pick with a return of 104.15%. Other notable stocks were HUT and MSTR with a return of 59.98% and 39.32%. The package saw an overall yield of 23.36% versus the S&P 500’s return of 2.89% implying a market premium of 20.47%.
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.