Trade Ideas Based on Pattern Recognition: Returns up to 18.45% in 3 Days

Trade Ideas

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find best 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 – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 3 Days (3/4/22 – 3/8/22)
I Know First Average: 1.56%
Trade Ideas
Trade Ideas chart

In this 3 Days forecast for the Fundamental – Low P/E Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. The highest trade return came from IPI, at 18.45%. The suggested trades for LBRT and MVIS also had notable 3 Days yields of 11.77% and 8.42%, respectively. The Fundamental – Low P/E Stocks package had an overall average return of 1.56%, providing investors with a premium of 5.98% over the S&P 500’s return of -4.42%.

Intrepid Potash, Inc (IPI). engages in the extraction, production, and sale of potassium containing products in the United States. It produces muriate of potash and langbeinite, a low-chloride potassium fertilizer that contains sulfate and magnesium. The company also offers salt, magnesium chloride, and metal recovery salts. It serves agricultural, industrial, and animal feed markets. The company was incorporated in 2007 and is based in Denver, Colorado.

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.