Undervalued Stocks Based on Algorithmic Trading: Returns up to 46.27% in 14 Days
Undervalued Stocks
This 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
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 14 Days (5/25/22 – 6/8/22)
I Know First Average: 12.85%
7 out of 10 stock prices in this forecast for the Insider Trades Package moved as predicted by the algorithm. The top-performing prediction in this forecast was FUTU, which registered a return of 46.27%. Other notable stocks were STNE and BYRN with a return of 31.67% and 28.25%. The package had an overall average return of 12.85%, providing investors with a 8.43% premium over the S&P 500’s return of 4.42% during the period.
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.