Stock Predictions Based on Stock Prediction Algorithm: Returns up to 13.19% in 7 Days

Stock Predictions

The Stock Predictions Package includes our algorithmic forecasts 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 – High P/E Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/22/21 – 8/29/21)
I Know First Average: 4.17%
Stock Predictions
Stock Predictions chart

During the 7 Days forecasted period several picks in the Fundamental – High P/E Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The top performing prediction from this package was CSV with a return of 13.19%. Additional high returns came from UMC and DBI, at 8.87% and 7.14% respectively. This algorithmic forecast package presented an overall return of 4.17% versus S&P 500’s performance of 1.52% providing a market premium of 2.65%.

Carriage Services, Inc. (CSV) provides death care services and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment offers burial and cremation services, as well as related merchandise to meet a family’s death care needs, including consultation; the removal and preparation of remains; the sale of caskets, urns, and related funeral merchandise; the use of funeral home facilities for visitation and services; and transportation services. The Cemetery Operations segment provides products and services, such as interment services; the rights to interment in cemetery sites comprising grave sites, mausoleum crypts, and niches; and related cemetery merchandise, including memorials and vaults. As of February 9, 2016, the company operated 167 funeral homes in 27 states; and 32 cemeteries in 11 states. Carriage Services, Inc. (CSV) was founded in 1991 and is headquartered in Houston, Texas.

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.