Stocks Under 50 Dollars Based on Big Data Analytics: Returns up to 21.99% 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 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 Days (10/20/2020 – 10/23/2020)
I Know First Average: 5.52%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

8 out of 10 stock prices in this forecast for the Stocks Under $50 Package moved as predicted by the algorithm. The prediction with the highest return was CAR, at 21.99%. Other notable stocks were AVXL and CASH with a return of 8.53% and 8.07%. With these notable trade returns, the package itself registered an average return of 5.52% compared to the S&P 500’s return of 1.12% for the same period.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

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.