Stocks Under 5 Dollars Based on Big Data: Returns up to 68.72% in 14 Days

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: 14 Days (11/29/2020 – 12/13/2020)
I Know First Average: 13.46%
Stocks Under 5 Dollars
Stocks Under 5 Dollars chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Stocks Under $5 Package for this 14 Days forecast. The top performing prediction from this package was BPT with a return of 68.72%. IO and BTU followed with returns of 28.0% and 22.84% for the 14 Days period. This algorithmic forecast package presented an overall return of 13.46% versus S&P 500’s performance of 0.69% providing a market premium of 12.77%.

BP Prudhoe Bay Royalty Trust (BPT) operates as a grantor trust in the United States. The company holds overriding royalty interest comprising a non-operational interest in minerals in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres. As of December 31, 2015, its estimated net remaining proved reserves were 23.052 million barrels of oil and condensate, of which 22.418 million barrels are proved developed reserves and 0.634 million barrels are proved undeveloped reserves. BP Prudhoe Bay Royalty Trust (BPT) was founded in 1989 and is based in Houston, Texas.

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.