Trade Ideas

The Trade Ideas 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

Package Name: Fundamental – Low Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 3 Months (7/9/21 – 10/10/21)
I Know First Average: 11.61%

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. HRI was our best stock pick this week a return of 52.2%. MARA, and OVV had notable returns of 42.1% and 29.07%. With these notable trade returns, the package itself registered an average return of 11.61% compared to the S&P 500’s return of 1.63% for the same period.

Herc Holdings Inc. (HRI) operates as an equipment rental supplier in North America. It rents equipment, such as aerial, air compressors and tools, climate control, compaction and paving, concrete and masonry, earthmoving, floor care and surface preparation, material handling, power generation, procontractors, pumps, and trucks and trailers. The company also sells used equipment through online and provides financing and warranty services on the equipment. As of July 01, 2016, it operated approximately 280 company-operated branches. In addition, the company provides ProSolutions, an industry specific solutions-based service. It serves commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment, and agriculture markets. Herc Holdings Inc. (HRI) is based in Bonita Springs, Florida.

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.