Best Stocks Under 5 Dollars Based on Algorithmic Trading: Returns up to 62.74% in 1 Month

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 with bullish and bearish signals:

  • Top 10 stocks for the long position
  • Top 10 stocks for the short position

under 5
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 1 Month (4/29/21 – 6/1/21)
I Know First Average: 11.53%
Best Stocks Under 5 Dollars
Best Stocks Under 5 Dollars chart

In this 1 Month forecast for the Stocks Under $5 Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. WRN was the top performing prediction with a return of 62.74%. HDSN and VBLT also performed well for this time horizon with returns of 44.93% and 23.23%, respectively. This algorithmic forecast package presented an overall return of 11.53% versus S&P 500’s performance of 0.45% providing a market premium of 11.08%.

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.