Stocks Under 5 Dollars Based on Predictive Analytics: Returns up to 90.67% 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 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: 1 Month (5/7/21 – 6/7/21)
I Know First Average: 18.52%
The algorithm correctly predicted 7 out 10 of the suggested trades in the Stocks Under $5 Package for this 1 Month forecast. PDSB was the highest-earning trade with a return of 90.67% in 1 Month. Further notable returns came from WRN and ENOB at 46.43% and 16.93%, respectively. The package’s overall average return was 18.52%, providing investors with a 17.93% premium over the S&P 500’s return of 0.59% during the same period.
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.