Stocks Under 5 Based on Algorithmic Trading: Returns up to 128.82% in 14 Days
Stocks Under 5
This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 Stocks Under 5 with bullish and bearish signals:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 14 Days (8/28/23 – 9/11/23)
I Know First Average: 14.53%
In this 14 Days forecast for the Stocks Under $5 Package, there were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. GTEC was our best stock pick with a return of 128.82%. Further notable returns came from NVFY and SIF at 12.96% and 8.23%, respectively. The package had an overall average return of 14.53%, providing investors with a 12.67% premium over the S&P 500’s return of 1.86% during the period.
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.