Trade Ideas Based on Pattern Recognition: Returns up to 36.94% in 3 Days

Trade Ideas

The Fundamental Package includes our algorithmic trade ideas 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: 3 Days (7/19/2020 – 7/22/2020)
I Know First Average: 5.42%
Trade Ideas
Trade Ideas chart

In this 3 Days forecast for the Fundamental – Low Price-to-Book ratio Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. OCN was our best stock pick this week a return of 36.94%. Further notable returns came from TTI and LPI at 15.09% and 9.93%, respectively. The package had an overall average return of 5.42%, providing investors with a premium of 3.83% over the S&P 500’s return of 1.59% during the same period.

Ocwen Financial Corp.  (OCN) is a provider of residential and commercial mortgage loan servicing, special servicing and asset management services.

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.