Stocks Under 10

This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Stocks Under 10 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
Recommended Positions: Long
Forecast Length: 3 Days (11/20/2020 – 11/23/2020)
I Know First Average: 7.06%

During the 3 Days forecasted period several picks in the Stocks Under $10 Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The highest trade return came from RIG, at 35.34%. GCI and M also performed well for this time horizon with returns of 21.46% and 13.4%, respectively. The package’s overall average return was 7.06%, providing investors with a 7.18% premium over the S&P 500’s return of -0.12% during the same period.

Transocean Ltd. (RIG), together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services. As of February 11, 2016, it owned or had partial ownership interests in, and operated 61 mobile offshore drilling units that consist of 28 ultra-deepwater floaters, 7 harsh environment floaters, 5 deepwater floaters, 11 midwater floaters, and 10 high-specification jackups. The company serves government-controlled oil companies and independent oil companies. Transocean Ltd. (RIG) was founded in 1953 and is based in Vernier, Switzerland.

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.