Stock Forecast Based on Data Mining: Returns up to 57.92% in 1 Month

Stock Forecast

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 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 – High P/E Stocks
Recommended Positions: Long
Forecast Length: 1 Month (11/13/2016 – 12/13/2016)
I Know First Average: 16.51%
Stock Forecast

In this 1 Month forecast for the Fundamental – High P/E Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 stocks. The top-performing prediction in this forecast was FMCC, which registered a return of 57.92%. Other notable stocks were FNMA and CLF with a return of 55.93% and 25.81%. The package had an overall average return of 16.51%, providing investors with a premium of 11.55% over the S&P 500’s return of 4.96% during the same period.

Federal Home Loan Mortgage Corporation, or Freddie Mac (FMCC), provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily.

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.

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