Stocks Under 50 Dollars Based on Big Data: Returns up to 14.02% 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 (1/29/2020 – 2/5/2020)
I Know First Average: 2.63%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The prediction with the highest return was AGYS, at 14.02%. Additional high returns came from AKBA and AGX, at 5.11% and 4.3% respectively. This algorithmic forecast package presented an overall return of 2.63% versus S&P 500’s performance of 1.78% providing a market premium of 0.85%.

Agilysys, Inc., incorporated on February 4, 1963, is a technology company. The Company provides software for point-of-sale (POS), property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The Company serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare. The Company is a developer and marketer of software enabled solutions and services to the hospitality industry, including hardware and software products; support, maintenance and subscription services, and professional services. The Company operates across North America, Europe and Asia.

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.