Stock Forecast Based on Artificial Intelligence: Returns up to 64.92% in 1 Month

Stock Forecast

This stock forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s buy and hold forecast services. The full package includes daily stock predictors 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

Package Name: Stocks Under 10 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (10/23/2016 – 11/23/2016)
I Know First Average: 17.69%
Buy and Hold

In this 1 Month forecast for the Stocks Under 10 Dollars Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was MTL, which registered a return of 64.92%. Other notable stocks were VOXX and GGB with a return of 32.91% and 27.74%. The package had an overall average return of 17.69%, providing investors with a premium of 14.72% over the S&P 500’s return of 2.97% during the same period.

Mechel Sp ADR (MTL), engages in mining and steel businesses in Asia,the Russian Federation, the Commonwealth of Independent States, Europe, the Middle East, the United States, and internationally. Mechel PAO works in three different sectors,Mining, Steel, and Power. The company was build in 2013 and is based in Moscow, the Russian Federation.

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.