Undervalued Stocks Based on Big Data: Returns up to 112.27% in 3 Months

Undervalued Stocks

The Fundamental Package includes our algorithmic forecasts for undervalued 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 P/E Stocks
Recommended Positions: Long
Forecast Length: 3 Months (8/8/21 – 11/9/21)
I Know First Average: 22.96%
Undervalued Stocks
Undervalued Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Fundamental – Low P/E Stocks Package for this 3 Months forecast. The prediction with the highest return was SD, at 112.27%. IKNX and CELH also performed well for this time horizon with returns of 42.79% and 34.06%, respectively. This algorithmic forecast package presented an overall return of 22.96% versus the S&P 500’s performance of 5.61% providing a market premium of 17.35%.

SandRidge Energy, Inc. (SD), an energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids primarily in the area of Mid-Continent in Oklahoma and Kansas. The company’s Exploration and Production segment explores for, develops, and produces oil and natural gas properties; and operates wells. Its Midstream Services segment purchases, gathers, treats, and sells natural gas. As of December 31, 2015, it had 4,411 gross producing wells; approximately 2,063,000 gross total acres under lease; and estimated proved reserves were 324.6 million barrels of oil equivalent. The company is headquartered in Oklahoma City, Oklahoma.

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.