Stocks Under 20 Based on Algorithmic Trading: Returns up to 13.85% in 3 Days
Stocks Under 20
This forecast is part of the Stocks Under 20 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 20 with bullish and bearish signals:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Stocks Under $20
Recommended Positions: Long
Forecast Length: 3 Days (8/5/21 – 8/8/21)
I Know First Average: 2.88%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Stocks Under $20 Package for the 3 Days time period. The prediction with the highest return was HMHC, at 13.85%. Other notable stocks were KIRK and NMRK with a return of 4.05% and 3.35%. The package’s overall average return was 2.88%, providing investors with a 2.11% premium over the S&P 500’s return of 0.77% during the same period.
Houghton Mifflin Harcourt Company (HMH), incorporated on December 23, 2009, is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world. In the United States, the Company is a provider of kindergarten through 12th grade (K-12) educational content. It sells its products and services across multiple media and distribution channels.
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.