Stocks Under 5 Dollars Based on a Self-learning Algorithm: Returns up to 67.96% in 1 Month

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

under 5
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 1 Month (7/12/2020 – 8/12/2020)
I Know First Average: 15.42%
Stocks Under 5 Dollars
Stocks Under 5 Dollars chart

For this 1 Month forecast the algorithm had successfully predicted 6 out of 10 movements. The top-performing prediction in this forecast was CPST, which registered a return of 67.96%. Further notable returns came from NTZ and RAIL at 49.53% and 38.21%, respectively. The overall average return in this Stocks Under $5 package was 15.42%, providing investors with a 9.29% premium over the S&P 500’s return of 6.13% during the same period.

Capstone Turbine Corporation (CPST) develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide.

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.