Undervalued Stocks Based on Big Data: Returns up to 95.51% in 3 Months
Undervalued Stocks
Undervalued Stocks: This algorithmic forecast is for stocks with recently reported insiders’ transactions. An “insider” is any person who possesses at least one of the following:
- access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
- ownership of more than 10% of the company’s equity
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Months (11/6/23 – 2/6/24)
I Know First Average: 31.57%
For this 3 Months forecast the algorithm has successfully predicted 8 out of 10 movements. The greatest return came from CLSK at 95.51%. ICLK and GPS saw outstanding returns of 68.56% and 40.88%. The package saw an overall yield of 31.57% versus the S&P 500’s return of 13.67% implying a market premium of 17.90%.
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
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.