Stocks Under 50 Dollars Based on Data Mining: Returns up to 20.89% 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 (10/27/2020 – 11/3/2020)
I Know First Average: 3.9%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

For this 7 Days forecast the algorithm had successfully predicted 6 out of 10 movements. The top-performing prediction in this forecast was CASH, which registered a return of 20.89%. BHLB and AVXL followed with returns of 15.1% and 8.39% for the 7 Days period. The package had an overall average return of 3.9%, providing investors with a premium of 4.84% over the S&P 500’s return of -0.94% during the same period.

Meta Financial Group, Inc., incorporated on June 14, 1993, is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis. It operates in both the banking and payments industries through MetaBank, its retail banking operation; Meta Payment Systems (MPS), its electronic payments division; AFS/IBEX Financial Services Inc. (AFS/IBEX), its insurance premium financing division, and Refund Advantage, EPS Financial, LLC (EPS) Financial and Specialty Consumer Services, its tax-related financial solutions divisions. In addition to its community-oriented lending and deposit gathering activities, the Bank’s various divisions issue prepaid cards, design consumer credit products, sponsor automatic teller machines (ATMs) into various debit networks, and offer tax refund-transfer services and other payment industry products and services.

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.