Undervalued Stocks Based on Machine Learning: Returns up to 58.39% in 14 Days

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 – Low Price-to-Book ratio Stocks
Recommended Positions: Long
Forecast Length: 14 Days (10/26/21 – 11/9/21)
I Know First Average: 13.73%
Undervalued Stocks
Undervalued Stocks chart

In this 14 Days forecast for the Fundamental – Low Price-to-Book ratio Stocks 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 RETO, which registered a return of 58.39%. Further notable returns came from RIOT and USAK at 34.71% and 17.77%, respectively. The package saw an overall yield of 13.73% versus the S&P 500’s return of 2.6% implying a market premium of 11.13%.

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.