52 Week Low Stocks Based on Machine Learning: Returns up to 47.01% in 1 Month
52 Week Low Stocks
The 52 Week Low Stocks Package is designed for investors and analysts who need predictions for stocks currently at their 52-week low price level, offering the best market opportunities based on algo-trading. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to invest in:
- 52 Weeks Low Top 10 stocks for the long position
- 52 Weeks Low Top 10 stocks for the short position
Package Name: 52 Week Low Stocks
Recommended Positions: Long
Forecast Length: 1 Month (6/16/24 – 7/16/24)
I Know First Average: 12.47%
For this 1 Month forecast the algorithm has successfully predicted 9 out of 10 movements. The highest trade return came from TBBK, at 47.01%. Further notable returns came from CBNK and CHH at 20.12% and 14.85%, respectively. The package had an overall average return of 12.47%, providing investors with a premium of 8.13% over the S&P 500’s return of 4.34% during the same period.
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.