Stocks Under 50 Based on Deep Learning: Returns up to 315.75% in 1 Year
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 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: 1 Year (5/31/20 – 6/1/21)
I Know First Average: 95.12%
The algorithm correctly predicted 8 out 10 of the suggested trades in the Stocks Under $50 Package for this 1 Year forecast. The top performing prediction from this package was CAR with a return of 315.75%. The suggested trades for BYD and CAMT also had notable 1 Year yields of 199.86% and 184.17%, respectively. The package itself saw an overall return of 95.12%, providing investors with a 57.09% premium above the S&P 500’s return of 38.03% for the same time period.
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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.
