Stocks Under 50 Dollars Based on Big Data: Returns up to 48.01% in 3 Months

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 Months (7/1/21 – 10/1/21)
I Know First Average: 7.57%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The top-performing prediction in this forecast was IKNX, which registered a return of 48.01%. The suggested trades for EDRY and CRDF also had notable 3 Months yields of 32.74% and 8.87%, respectively. The package’s overall average return was 7.57%, providing investors with a 6.18% premium over the S&P 500’s return of 1.39% during the same period.

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.