Stock Forecasting Based on Genetic Algorithm: Returns up to 21.16% in 7 Days

Stock Forecasting

The Fundamental Package includes our algorithmic forecasts for stock forecasting 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 four basic valuation categories:

  • P/E (price to earnings ratio)
  • PEG (price/earnings to growth ratio)
  • price-to-book ratio
  • price-to-sales ratio

fundamentals
Package Name: Fundamental – Low PEG Stocks
Recommended Positions: Short
Forecast Length: 7 Days (11/01/2016 – 11/08/2016)
I Know First Average: 7.00%
Stock Forecasting

In this 7 Days forecast for the Fundamental Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was WFT, which registered a return of 21.16%. Other notable stocks were TDW and EVEP with a return of 13.87% and 11.83%, accordingly. The package had an overall average return of 7.00%, providing investors with a premium of 6.37% over the S&P 500’s return of 0.63% during the same period.

Weatherford International public limited company, (WFT) operates as a multinational oilfield service company worldwide. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells.

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.