Trade Ideas Based on Pattern Recognition: Returns up to 30.0% 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 P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Month (8/24/21 – 9/24/21)
I Know First Average: 8.55%
Trade Ideas
Trade Ideas chart

8 out of 10 stock prices in this forecast for the Fundamental – Low P/E Stocks Package moved as predicted by the algorithm. SD was the top performing prediction with a return of 30.0%. Further notable returns came from MYO and CRDF at 26.9% and 23.49%, respectively. The package had an overall average return of 8.55%, providing investors with a premium of 9.09% over the S&P 500’s return of -0.54% during the same period.

SandRidge Energy, Inc. (SD), an energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids primarily in the area of Mid-Continent in Oklahoma and Kansas. The company’s Exploration and Production segment explores for, develops, and produces oil and natural gas properties; and operates wells. Its Midstream Services segment purchases, gathers, treats, and sells natural gas. As of December 31, 2015, it had 4,411 gross producing wells; approximately 2,063,000 gross total acres under lease; and estimated proved reserves were 324.6 million barrels of oil equivalent. The company is headquartered in Oklahoma City, Oklahoma.

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.