Undervalued Stocks Based on Algo Trading: Returns up to 114.75% in 14 Days

June 3, 2020

Undervalued Stocks

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 undervalued 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

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Package Name: Fundamental – Low Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 14 Days (5/19/2020 – 6/2/2020)
I Know First Average: 22.66%
Undervalued Stocks
Undervalued Stocks chart

During the 14 Days forecasted period several picks in the Fundamental – Low Price-to-Book ratio Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. NAVB was the highest-earning trade with a return of 114.75% in 14 Days. HOV and GEL saw outstanding returns of 33.92% and 19.0%. The Fundamental – Low Price-to-Book ratio Stocks package had an overall average return of 22.66%, providing investors with a premium of 18.36% over the S&P 500’s return of 4.3%.

Navidea Biopharmaceuticals, Inc. (NAVB) is a biopharmaceuticals company headquartered in Dublin, Ohio.  The company develops and commercializes precision immunodiagnostic agents and immunotherapeutics.

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.

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