Stocks Under 5 Based on Algorithmic Trading: Returns up to 4.14% in 7 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: 7 Days (9/4/24 – 9/11/24)
I Know First Average: 1.27%
I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Stocks Under $5 Package for the 7 Days time period. AWP was our best stock pick with a return of 4.14%. Further notable returns came from LIQT and SGHC at 3.29% and 2.64%, respectively. The package saw an overall yield of 1.27% versus the S&P 500’s return of 0.46% implying a market premium of 0.81%.
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.