Stocks Under 10 Based on Genetic Algorithms: Returns up to 12.68% in 3 Days
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 (10/25/2019 – 10/28/2019)
I Know First Average: 4.18%
8 out of 10 stock prices in this forecast for the Stocks Under $10 Package moved as predicted by the algorithm. The top-performing prediction in this forecast was RIGL, which registered a return of 12.68%. The suggested trades for MMLP and DVAX also had notable 3 Days yields of 9.11% and 7.55%, respectively. The package’s overall average return was 4.18%, providing investors with a 3.21% premium over the S&P 500’s return of 0.97% during the same period.
Rigel Pharmaceuticals, Inc., a clinical-stage biotechnology company, engages in the discovery and development of drugs in the therapeutic areas of immunology, oncology, and immuno-oncology.
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.
