Stocks Under 50 Dollars Based on Algo Trading: Returns up to 6.97% in 3 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 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 Days (2/28/21 – 3/3/21)
I Know First Average: 3.14%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

9 out of 10 stock prices in this forecast for the Stocks Under $50 Package moved as predicted by the algorithm. ERX was the top performing prediction with a return of 6.97%. TACT, and EEX had notable returns of 6.89% and 5.3%. The Stocks Under $50 package had an overall average return of 3.14%, providing investors with a premium of 2.92% over the S&P 500’s return of 0.22%.

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.