Stock Screener Based on Algo Trading: Returns up to 37.47% in 3 Months

March 25, 2023

Stock Screener

Stock Screener: 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

fundamentals
Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 3 Months (12/23/22 – 3/24/23)
I Know First Average: 11.39%
Stock Screener
Stock Screener chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. PAR was the highest-earning trade with a return of 37.47% in 3 Months. MELI and WK followed with returns of 36.45% and 16.34% for the 3 Months period. The package had an overall average return of 11.39%, providing investors with a 7.50% premium over the S&P 500’s return of 3.89% during the period.

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