Stocks Under 50 Based on Stock Prediction Algorithm: Returns up to 14.9% in 7 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: 7 Days (4/26/2020 – 5/4/2020)
I Know First Average: 8.33%
Stocks Under 50
Stocks Under 50 chart

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from AE, at 14.9%. Other notable stocks were ADS and AAOI with a return of 14.7% and 14.63%. This algorithmic forecast package presented an overall return of 8.33% versus S&P 500’s performance of 0.21% providing a market premium of 8.12%.

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.