Undervalued Stocks Based on Stock Algorithm: Returns up to 14.81% in 3 Days

Undervalued Stocks

The Fundamental Package includes our algorithmic undervalued stocks 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: 3 Days (8/20/21 – 8/24/21)
I Know First Average: 5.95%
Undervalued Stocks
Undervalued Stocks chart

In this 3 Days forecast for the Fundamental – Low Price-to-Book ratio Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. The top-performing prediction in this forecast was DAC, which registered a return of 14.81%. CRDF and EDN followed with returns of 12.75% and 10.42% for the 3 Days period. The package’s overall average return was 5.95%, providing investors with a 4.12% premium over the S&P 500’s return of 1.83% during the same period.

Danaos Corporation (DAC), together with its subsidiaries, owns and operates containerships in Greece and internationally. The company offers seaborne transportation services, as well as charters its vessels to liner companies. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation (DAC) in October 2005. Danaos Corporation (DAC) was founded in 1972 and is based in Piraeus, Greece.

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.