Trade Ideas Based on Data Mining: Returns up to 102.99% in 1 Year

March 8, 2022

Trade Ideas

The Fundamental Package includes our algorithmic trade ideas 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

fundamentals
Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Year (3/7/21 – 3/7/22)
I Know First Average: 38.86%
Trade Ideas
Trade Ideas chart

Several predictions in this 1 Year forecast saw significant returns. The algorithm had correctly predicted 9 out of 10 stock movements. DIG was the top performing prediction with a return of 102.99%. The suggested trades for ERX and OXY also had notable 1 Year yields of 101.64% and 77.33%, respectively. The package saw an overall yield of 38.86% versus the S&P 500’s return of 9.35% implying a market premium of 29.51%.

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.

Fundamental