Stocks Under 50 Based on Artificial Intelligence: Returns up to 64.41% in 3 Months
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: 3 Months (8/16/2020 – 11/16/2020)
I Know First Average: 18.73%
The algorithm correctly predicted 8 out 10 of the suggested trades in the Stocks Under $50 Package for this 3 Months forecast. ARWR was the top performing prediction with a return of 64.41%. Additional high returns came from AOSL and AIMC, at 48.83% and 38.9% respectively. The package itself saw an overall return of 18.73%, providing investors with a 11.20% premium above the S&P 500’s return of 7.53% for the same time period.
Arrowhead Pharmaceuticals, Inc., formerly Arrowhead Research Corporation, incorporated on February 13, 2001, develops medicines that treat intractable diseases by silencing the genes that cause them. Using a portfolio of ribonucleic acid (RNA) chemistries and modes of delivery, the Company’s therapies trigger the RNA interference mechanism to induce knockdown of target genes. The Company is focused on developing drugs for diseases with a genetic basis, characterized by the overproduction of one or more proteins. The Company’s preclinical pipeline of RNA interference (RNAi) therapeutics includes both subcutaneously administered liver-targeted candidates and extra-hepatic candidates. The Company’s pre-clinical-stage drug candidates include ARO-HBV, ARO-AAT, ARO-LPA, ARO-AMG1, ARO-F12 and ARO-HIF2.
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.