Stock Market Outlook Based on Big Data: Returns up to 17.06% in 7 Days
Stock Market Outlook
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 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
Package Name: Fundamental – High P/E Stocks
Recommended Positions: Short
Forecast Length: 7 Days (2/13/22 – 2/20/22)
I Know First Average: 2.49%
6 out of 10 top stock picks from the algorithm decreased as predicted for this 7 Days forecasting period. CPS saw monumental price change of 17.06% in just 7 Days. LAZ, and SCX also had excellent performances with returns of 7.2% and 4.74% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast 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.