Stocks Under 5 Based on Stock Market Algorithm: Returns up to 51.94% 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 stocks 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 (1/2/2020 – 1/16/2020)
I Know First Average: 9.85%
I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Stocks Under $5 Package for the 14 Days time period. The greatest return came from MTL at 51.94%. HIMX and ICON also performed well for this time horizon with returns of 45.49% and 21.48%, respectively. With these notable trade returns, the package itself registered an average return of 9.85% compared to the S&P 500’s return of 2.66% for the same period.
Mechel Sp ADR (MTL) engages in mining and steel businesses in Asia,the Russian Federation, the Commonwealth of Independent States, Europe, the Middle East, the United States, and internationally. Mechel PAO works in three different sectors,Mining, Steel, and Power. The company was build in 2013 and is based in Moscow, the Russian Federation.
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.