Trade Ideas Based on Data Mining: Returns up to 426.75% in 3 Months

Trade Ideas

The Fundamental Package includes our algorithmic trade ideas 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 – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 3 Months (4/15/2020 – 7/15/2020)
I Know First Average: 78.65%
Trade Ideas
Trade Ideas chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The prediction with the highest return was OSTK, at 426.75%. TSLA and SHOP also performed well for this time horizon with returns of 117.78% and 93.41%, respectively. The Fundamental – Low P/E Stocks package had an overall average return of 78.65%, providing investors with a premium of 65.28% over the S&P 500’s return of 13.37%.

Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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.