Stocks Under 5 Based on Artificial Intelligence: Returns up to 46.89% in 3 Months
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: Short
Forecast Length: 3 Months (8/3/23 – 11/3/23)
I Know First Average: 16.53%
8 out of 10 top stock picks from the algorithm decreased as predicted for this 3 Months forecasting period. TV saw monumental price change of 46.89% in just 3 Months. OCX and FOSL also had excellent performances with returns of 37.44% and 31.49% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast period. The package had an overall average return of 16.53%, providing investors with a premium of 19.97% over the S&P 500’s return of -3.44% during the same 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.