Short Term Stock Picks Based on Artificial intelligence: 3 Stocks, 3 Days, Nearly 20% Return
Short Term Stock Picks
Our fundamental package is one which includes our algorithmic forecasts for stocks answering a number of fundamental criteria. The package includes forecasts for short term stock picks with high and low of each of the four basic valuation indicators of quantitative trading based on a self-learning algorithm:
- P/E (price to earnings ratio)
- PEG (price/earnings to growth ratio)
- price-to-book ratio
- price-to-sales ratio
Our algorithms help you find best opportunities for both long and short positions in stocks within each fundamental screen.
Package Name: Fundamental – Low Price-to-Book Ratio Stocks
Forecast Length: 3 Days (9/13/16– 09/16/16)
I Know First Average: 5.20%
8 out of 10 stocks in the long position for this forecast increased as predicted by the algorithm. The highest returning stock for the short-term was SIFCO Industries, Inc.(SIF) with an impressive growth of 18.98%. Navidea Biopharmaceuticals, Inc. (NAVB) and Northwest Biotherapeutics, Inc. (NWBO) followed closely returning 18.39% and 18.25%, respectively. The package’s overall growth was 5.20% compared to the S&P 500’s negative return of 0.92% for the same period. The market premium calculates to 6.12%.
SIFCO Industries, Inc. (SIF) is a manufacturing company of forging and machined components headquartered in Cleveland, Ohio. The company is a major supplier in the aerospace and energy market, producing products such as aircraft landing gears, steam turbine blades, and many more. The company’s three business segments are forging, heat-treating, and machining.
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 algorithmic traders.
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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.