Stocks Under 5 Dollars Based on Data Mining: Returns up to 38.9% 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 (5/19/2020 – 6/2/2020)
I Know First Average: 12.96%
Stocks Under 5 Dollars
Stocks Under 5 Dollars chart

In this 14 Days forecast for the Stocks Under $5 Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. NNBR was the top performing prediction with a return of 38.9%. CMT and CENX also performed well for this time horizon with returns of 28.36% and 25.61%, respectively. With these notable trade returns, the package itself registered an average return of 12.96% compared to the S&P 500’s return of 4.3% for the same period.

NN, Inc., incorporated on October 12, 1993, is a diversified industrial company and a global manufacturer of high precision components and assemblies to a range of markets on a global basis. The Company’s operating segments include: the Precision Engineered Products Group and the Autocam Precision Components Group.

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.