Undervalued Stocks Based on Data Mining: Returns up to 36.43% in 1 Month

January 26, 2023

Undervalued Stocks

Undervalued Stocks: The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find the 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 – High P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Month (12/25/22 – 1/25/23)
I Know First Average: 14.82%
Undervalued Stocks
Undervalued Stocks chart

9 out of 10 stock prices in this forecast for the Fundamental – High P/E Stocks Package moved as predicted by the algorithm. DRTT was our best stock pick with a return of 36.43%. VINC and PAR also performed well for this time horizon with returns of 27.5% and 27.31%, respectively. The Fundamental – High P/E Stocks package had an overall average return of 14.82%, providing investors with a premium of 10.36% over the S&P 500’s return of 4.46%.

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.

Fundamental