Trade Ideas Based on Algo Trading: Returns up to 93.55% in 14 Days

Trade Ideas

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find best opportunities and trade ideas 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 – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 14 Days (9/29/2019 – 10/14/2019)
I Know First Average: 15.45%
Trade Ideas
Trade Ideas chart

During the 14 Days forecasted period several picks in the Fundamental – Low P/E Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The top performing prediction from this package was NAT with a return of 93.55%. HOV, and NTZ had notable returns of 35.18% and 11.46%. The overall average return in this Fundamental – Low P/E Stocks package was 15.45%, providing investors with a 15.30% premium over the S&P 500’s return of 0.15% during the same period.

Nordic American Tankers Limited (NAT), a tanker company, engages in acquiring and chartering double-hull tankers in Bermuda and internationally. It operates a fleet of 26 Suezmax crude oil tankers. The company was founded in 1995 and is based in Hamilton, Bermuda.

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.