Top Stocks Under $5

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 Top Stocks Under $5 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 Dollars
Recommended Positions: Long
Forecast Length: 7 Days (03/26/2019 – 04/02/2019)
I Know First Average: 3.32%

During the 7 Days forecasted period several picks in the Stocks Under 5 Dollars Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was SID, at 11.89%. Further notable returns came from PXLW and NBR at 10.20% and 9.54%, respectively. The Stocks Under 5 Dollars package had an overall average return of 3.32%, providing investors with a premium of 0.86% over the S&P 500’s return of 2.46%.

Companhia Siderúrgica Nacional ADR  (SID)  operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

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.