Stocks Under 5 Dollars Based on Data Mining: Returns up to 19.43% 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 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 (9/21/21 – 10/5/21)
I Know First Average: 4.6%
Stocks Under 5 Dollars
Stocks Under 5 Dollars chart

The algorithm correctly predicted 7 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 MTL with a return of 19.43%. SALM and WINT also performed well for this time horizon with returns of 15.23% and 7.9%, respectively. The overall average return in this Stocks Under $5 package was 4.6%, providing investors with a 4.88% premium over the S&P 500’s return of -0.28% during 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.