Trade Ideas Based on AI: Returns up to 13.52% in 3 Days

Trade Ideas

Trade Ideas: 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 – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 3 Days (5/3/24 – 5/6/24)
I Know First Average: 5.99%
Trade Ideas
Trade Ideas chart

This Fundamental – Low P/E Stocks Package forecast has correctly predicted 10 out of 10 stock movements. BYND was the highest-earning trade with a return of 13.52% in 3 Days. Further notable returns came from BLNK and CDNA at 11.07% and 9.82%, respectively. The Fundamental – Low P/E Stocks package had an overall average return of 5.99%, providing investors with a premium of 3.69% over the S&P 500’s return of 2.3%.

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.