Algorithmic Trading Strategy Based on Stock Algorithm: Returns up to 86.01% in 1 Month

Algorithmic Trading Strategy

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 stocks with bullish and bearish signals:

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

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Package Name: Stocks Under 5 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (05/11/2018 – 06/11/2018)
I Know First Average: 26.38%
Algorithmic Trading Strategy

The algorithm correctly predicted 9 out 10 of the suggested trades in the Stocks Under 5 Dollars Package for this 1 Month forecast. ASNA was the highest-earning trade with a return of 86.01% in 1 Month. Additional high returns came from DHX and EGY, at 65.63% and 55.48% respectively. The package had an overall average return of 26.38%, providing investors with a 24.22% premium over the S&P 500’s return of 2.16% during the period.

Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.