Small Cap Stocks

The Small Cap Package includes recommendations by the I Know First algorithm for small cap stocks to buy with a market capitalization of less than $1 billion:

• Top 10 Small Cap stocks to buy for the long position
• Top 10 Small Cap stocks to buy for the short position

Package Name: Small Cap Forecast
Recommended Positions: Long
Forecast Length: 3 Days (12/15/2019 – 12/18/2019)
I Know First Average: 5.08%

During the 3 Days forecasted period several picks in the Small Cap Forecast Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. AXAS was the top performing prediction with a return of 30.12%. The suggested trades for REI and EZPW also had notable 3 Days yields of 14.04% and 8.52%, respectively. This algorithmic forecast package presented an overall return of 5.08% versus S&P 500’s performance of 0.7% providing a market premium of 4.38%.

Abraxas Petroleum Corporation, incorporated on August 31, 1990, is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and gas. As of December 31, 2016, the Company’s estimated net proved reserves were 44.7 million barrels of oil equivalent (MMBoe), of which 33.6% were classified as proved developed, 74% were oil and natural gas liquids (NGL), and 95% of which (on a PV-10 basis) were operated by the Company. As of December 31, 2016, the Company’s daily net production was 6,181 barrels of oil equivalent per day (Boepd), of which 61% was oil or liquids. The Company’s oil and gas assets are located in three operating regions: the Rocky Mountain, Permian Basin and onshore Gulf Coast. The Company’s properties in the Rocky Mountain region are located in the Williston Basin of North Dakota and Montana, and in the Green River Powder River and Unita Basins of Wyoming and Utah. In this region, its wells produce oil and gas from various reservoirs, including the Turner, Bakken, Three Forks and Red River formations. Well depths range from 7,000 feet down to 14,000 feet.

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.