Stocks Under $5 Based on Algorithmic Trading: 55.64% Return In 1 Month

Stocks Under $5

This forecast is part of the “Stocks Under $5 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short

Package Name: Stocks Under $5 Dollars
Recommended Positions: Long
Forecast Length: 30 Days (03/02/2016 -04/02/2016)
I Know First Average: 27.35%

Stocks Under $5

The algorithm correctly predicted the increase of 9 out of 10 stocks in the long position on the 30-day time horizon for this package. The top-returning stock was SID with its 55.64% return. CDE, CNTF, and ARCW also impressed investors with their returns of 48.03%, 44.93%, and 36.76% respectively. The package returned an average of 27.35% against the S&P 500’s return of 4.11% for the same period.

Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. Brazilian stocks have been greatly affected by the current political situation with the ex-president of Brazil.

How to interpret this, diagram

Please note-for trading decisions use the most recent forecast. 

Get today’s forecast and Top stock picks.