Stocks Under 5 Dollars Based on Stock Market Algorithm: Returns up to 58.22% in 3 Months

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 Stocks Under 5 Dollars stocks 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 Dollars
Recommended Positions: Long
Forecast Length: 3 Months (04/18/2018 – 07/18/2018)
I Know First Average: 17.91%
Stocks Under 5 Dollars

8 out of 10 stock prices in this forecast for the Stocks Under 5 Dollars Package moved as predicted by the algorithm. ASNA was our best stock pick this week a return of 58.22%. DNR and CRNT followed with returns of 56.34% and 39.34% for the 3 Months period. The package saw an overall yield of 17.91% versus the S&P 500’s return of 4.04% implying a market premium of 13.87%.

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.

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.