Best Stocks Under 10 Based on Algorithmic Trading: Returns up to 50.91% in 1 Month
Best Stocks Under 10
This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Best Stocks Under 10 with bullish and bearish signals:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Stocks Under $10
Recommended Positions: Long
Forecast Length: 1 Month (10/6/23 – 11/6/23)
I Know First Average: 7.49%
Several predictions in this 1 Month forecast saw significant returns. The algorithm has correctly predicted 6 out of 10 stock movements. The prediction with the highest return was MYO, at 50.91%. ICLK and PETZ also performed well for this time horizon with returns of 25.15% and 18.26%, respectively. This algorithmic forecast package presented an overall return of 7.49% versus the S&P 500’s performance of 2.53% providing a market premium of 4.96%.
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.