Undervalued Stocks Based on Predictive Analytics : Returns up to 23.15% in 14 Days

Undervalued Stocks

The Fundamental Package includes our algorithmic forecasts for 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 undervalued 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
Recommended Positions: Long
Forecast Length: 14 Days (7/21/2019 – 8/5/2019)
I Know First Average: 0.99%
undervalued stocks
undervalued stocks

In this 14 Days forecast for the Fundamental Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. OSTK was the top performing prediction with a return of 23.15%. Other notable stocks were EXTR and MTSI with a return of 15.86% and 13.81%. The package itself saw an overall return of 0.99%, providing investors with a 5.42% premium above the S&P 500’s return of -4.43% for the same time period.

Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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.