Best Stocks Under 5 Dollars Based on Deep Learning: Returns up to 67.2% 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 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: 1 Month (6/30/2020 – 7/31/2020)
I Know First Average: 23.75%
Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The top-performing prediction in this forecast was CPST, which registered a return of 67.2%. NTZ and YRCW also performed well for this time horizon with returns of 62.18% and 48.85%, respectively. The package itself saw an overall return of 23.75%, providing investors with a 16.61% premium above the S&P 500’s return of 7.14% for the same time period.
Capstone Turbine Corporation (CPST) develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide.
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.