Stocks Under 20 Based on Algorithmic Trading: Returns up to 24.27% in 1 Month

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 stocks 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: 1 Month (6/30/2019 – 7/31/2019)
I Know First Average: 4.4%
Stocks Under 20
Stocks Under 20 chart

In this 1 Month forecast for the Stocks Under $20 Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top-performing prediction in this forecast was ACCO, which registered a return of 24.27%. Additional high returns came from AMKR and ARCO, at 23.73% and 9.2% respectively. The package saw an overall yield of 4.4% versus the S&P 500’s return of 1.31% implying a market premium of 3.09%.

ACCO Brands Corporation manufactures, markets, and distributes office, school, and calendar products primarily in the United States, Northern Europe, Brazil, Canada, Australia, and Mexico. The company also provides computer and electronic accessories. It operates through three segments: ACCO Brands North America, ACCO Brands International, and Computer Products Group. The company offers office products, such as stapling, binding and laminating equipment, and related consumable supplies, as well as shredders and whiteboards; and school products, including notebooks, folders, decorative calendars, and stationery products. It also provides private label products within the office and school products sector, as well as business machine maintenance and repair services. The company offers its office products, school supplies, and calendar products under the AT-A-GLANCE, Day-Timer, Five Star, GBC, Hilroy, Marbig, Mead, NOBO, Quartet, Rexel, Swingline, Tilibra, Wilson Jones, and other brand names. In addition, it designs, sources, distributes, markets, and sells accessories for laptop and desktop computers, and tablets comprising security products; input devices, such as presenters, mice, and trackballs; ergonomic aids, including foot and wrist rests; docking stations; and other personal computers and tablet accessories under the Kensington, Microsaver, and ClickSafe brand names. The company sells its products to consumers and commercial end-users primarily through resellers, including traditional office supply resellers, wholesalers, mass merchandisers, and retailers, as well as directly to consumers through on-line and direct mail. ACCO Brands Corporation is headquartered in Lake Zurich, Illinois.

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.