Stocks Under 5 Dollars

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 Dollars 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: 7 Days (10/6/2020 – 10/13/2020)
I Know First Average: 4.81%

In this 7 Days forecast for the Stocks Under $5 Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The prediction with the highest return was ESEA, at 16.23%. WETF and CLMT also performed well for this time horizon with returns of 14.74% and 13.95%, respectively. The Stocks Under $5 package had an overall average return of 4.81%, providing investors with a premium of 1.78% over the S&P 500’s return of 3.03%.

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.