Undervalued Stocks Based on Algorithmic Trading: Returns up to 13.12% in 3 Days

Undervalued Stocks

This algorithmic undervalued stocks forecast is for stocks with recently reported insiders’ transactions. An “insider” is any person who possesses at least one of the following:

  • access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
  • ownership of more than 10% of the company’s equity

insider trading
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Days (4/27/22 – 4/30/22)
I Know First Average: 3.41%
Undervalued Stocks
Undervalued Stocks chart

In this 3 Days forecast for the Insider Trades Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The top-performing prediction in this forecast was MHK, which registered a return of 13.12%. Additional high returns came from ICLK and PPIH, at 8.9% and 6.85% respectively. The package saw an overall yield of 3.41% versus the S&P 500’s return of -1.04% implying a market premium of 4.45%.

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.