Trade Ideas Based on Pattern Recognition: Returns up to 13.21% in 1 Month

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 – Low Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 1 Month (8/22/21 – 9/22/21)
I Know First Average: 2.67%
Trade Ideas
Trade Ideas chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The top performing prediction from this package was UMC with a return of 13.21%. NVMI and HIFS saw outstanding returns of 11.36% and 10.52%. This algorithmic forecast package presented an overall return of 2.67% versus S&P 500’s performance of -1.04% providing a market premium of 3.71%.

United Microelectronics Corporation (UMC) provides semiconductor wafer foundry solutions. It provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. The company also engages in the research, development, and manufacture of products in the solar energy and LED industries. It primarily serves integrated device manufacturers and fabless design companies. The company operates primarily in Taiwan, Japan, Korea, China, Singapore, Europe, and the United States. United Microelectronics Corporation (UMC) was founded in 1980 and is headquartered in Hsinchu, Taiwan.

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.