Trade Ideas Based on Algorithmic Trading: Returns up to 196.72% in 1 Year

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

fundamentals
Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Year (8/23/2019 – 8/24/2020)
I Know First Average: 58.65%
Trade Ideas
Trade Ideas chart

For this 1 Year forecast the algorithm had successfully predicted 8 out of 10 movements. The top performing prediction from this package was NVDA with a return of 196.72%. The suggested trades for TAL and TREX also had notable 1 Year yields of 117.82% and 76.94%, respectively. This algorithmic forecast package presented an overall return of 58.65% versus S&P 500’s performance of 17.39% providing a market premium of 41.26%.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.