Stocks Under 50 Based on Algorithmic Trading: Returns up to 19.55% in 14 Days

Stocks Under 50

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Stocks Under 50 stocks with bullish and bearish signals:

  • Top 10 stocks for the long position
  • Top 10 stocks for the short position

Package Name: Stocks Under $50
Recommended Positions: Long
Forecast Length: 14 Days (7/14/2020 – 7/28/2020)
I Know First Average: 2.27%
Stocks Under 50
Stocks Under 50 chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Stocks Under $50 Package for this 14 Days forecast. The top-performing prediction in this forecast was AMN, which registered a return of 19.55%. AMSC and ATV followed with returns of 11.83% and 8.8% for the 14 Days period. The package itself saw an overall return of 2.27%, providing investors with a 0.27% premium above the S&P 500’s return of 2.0% for the same time 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.