Trading Algorithm Based on Algo Trading: Returns up to 29.15% in 7 Days

Trading Algorithm

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

fundamentals
Package Name: Fundamental – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 7 Days (06/21/2017 – 06/28/2017)
I Know First Average: 7.73%
Trading Algorithm

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Fundamental – Low P/E Stocks Package for the 7 Days time period. The greatest return came from IMGN at 29.15%. FCEL and USAK also performed well for this time horizon with returns of 19.83% and 16.19%, respectively. The package itself saw an overall return of 7.73%, providing investors with a 7.58% premium above the S&P 500’s return of 0.15% for the same time period.

ImmunoGen, Inc. (IMGN), a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology.

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.