Undervalued Stocks Based on Data Mining: Returns up to 42.69% in 7 Days

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: 7 Days (1/6/21 – 1/13/21)
I Know First Average: 17.03%
Undervalued Stocks
Undervalued Stocks chart

During the 7 Days forecasted period several picks in the Fundamental – Low P/E Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. CLSK was our best stock pick this week a return of 42.69%. Further notable returns came from THRY and RIOT at 36.21% and 29.71%, respectively. The package had an overall average return of 17.03%, providing investors with a 14.80% premium over the S&P 500’s return of 2.23% 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.