Best Stocks Under 5 Dollars Based on Algorithmic Trading: Returns up to 37.7% in 7 Days
Best Stocks Under 5 Dollars
This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 Best Stocks Under 5 Dollars stocks with bullish and bearish signals:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 7 Days (4/21/2020 – 4/28/2020)
I Know First Average: 13.11%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Stocks Under $5 Package for the 7 Days time period. QUIK was our best stock pick this week a return of 37.7%. NNBR and BKEP saw outstanding returns of 29.05% and 20.83%. The package itself saw an overall return of 13.11%, providing investors with a 11.69% premium above the S&P 500’s return of 1.42% for the same time period.
QuickLogic Corporation, (QUIK), a fabless semiconductor company, develops and markets low power customizable semiconductor and software algorithm solutions for smartphones, wearable devices, tablets, and the Internet-of-Things.
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.