Stocks Under 50 Dollars Based on Algo Trading: Returns up to 41.87% in 7 Days

Stocks Under 50 Dollars

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 Dollars 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 (5/26/2020 – 6/2/2020)
I Know First Average: 12.85%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Stocks Under $50 Package for the 7 Days time period. The greatest return came from CAR at 41.87%. ARNC and ASPS followed with returns of 24.22% and 21.26% for the 7 Days period. With these notable trade returns, the package itself registered an average return of 12.85% compared to the S&P 500’s return of 4.24% for the same 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.