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Portfolio Construction Based on Fundamental Ratios

This article was written by Sergey Okun – Senior Financial Analyst, I Know First, Ph.D. in Economics.

Relative valuation is one of the basic concepts of stock evaluation that allows to determine undervalued stocks.
The Treynor-Black model allows to construct a portfolio with active and passive investment parts.
I Know First provides the Fundamental Stocks Package based on the AI algorithm which allows to select of the most promising stocks based on the fundamental criteria.

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This RIOT stock forecast article was written by Maria Grishaev, Analyst at I Know First.

With Bitcoin hitting its all-time high, Riot Blockchain Inc had an extremely good year in 2020 with their stock gaining 1391.07% YTD while the S&P 500 had risen by only 15.58%.
The recent purchase of new equipment will increase the company’s bitcoin mining hash rate capacity. The recent change in the board of directors also affected the stock price.
Based on the SWOT analysis, my price target for RIOT is 22$, indicating a cautious buy recommendation.