Trade Ideas Based on Machine Learning: Returns up to 56.71% in 30 days

Trade Ideas

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find best opportunities and creates 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 – High price-to-sales
Recommended Positions: Long
Forecast Length: 30 days (6/16/2019 – 7/16/2019)
I Know First Average: 9.15%
Trade Ideas
Trade Ideas chart

This Fundamental Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was ARRY with a return of 56.71%. BZUN and HAE also performed well for this time horizon with returns of 19.29% and 9.33%, respectively.

Array BioPharma Inc. (ARRY)  is a biopharmaceutical company, that is involved in discovery research and drug creation. The Company provides drug discovery products and services to create, evaluate, and optimize potential drug candidates in collaboration with pharmaceutical and other biotechnology companies.

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.