Stocks Under 5 Based on Stock Market Algorithm: Returns up to 54.17% in 3 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: 3 Days (6/4/23 – 6/7/23)
I Know First Average: 12.42%
I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades for the 3 Days time period. MVIS was the highest-earning trade with a return of 54.17% in 3 Days. SFIX and AMTX saw outstanding returns of 19.85% and 16.06%. The package saw an overall yield of 12.42% versus the S&P 500’s return of -0.35% implying a market premium of 12.77%.
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.