Trade Ideas

The Fundamental 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 stock trade ideas 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

Package Name: Fundamental – Low Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/15/2020 – 11/23/2020)
I Know First Average: 17.35%

The algorithm correctly predicted 10 out 10 of the suggested trade ideas in the Fundamental – Low Price-to-Book ratio Stocks Package for this 7 Days forecast. The top-performing prediction in this forecast was TDW, which registered a return of 41.39%. Other notable stocks were SUP and NCMI with a return of 38.76% and 19.2%. The package itself saw an overall return of 17.35%, providing investors with a 17.56% premium above the S&P 500’s return of -0.21% for the same time period.

Tidewater Inc. (TDW) provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. The company operates through Americas, Asia/Pacific, Middle East/North Africa, and Sub-Saharan Africa/Europe segments. It provides services in support of offshore exploration, field development, and production, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, remotely operated vehicle (ROV) operations, and seismic and subsea support; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply vessels, and anchor handling towing supply vessels that are used in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats and utility vessels for use in transporting personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs used for towing floating drilling rigs and barges; and assisting in the docking of tankers, as well as in pipe laying, cable laying, and construction barges. The company serves international oil and natural gas exploration, field development, and production companies; select independent exploration and production companies; foreign government-owned or government-controlled organizations and other companies; drilling contractors; and other companies, including offshore construction companies, diving companies, and well stimulation companies. As of March 31, 2016, it owned or chartered 269 vessels and 8 ROVs. Tidewater Inc. (TDW) was founded in 1956 and is headquartered in New Orleans, Louisiana.

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.