Stocks Under 50 Dollars Based on Data Mining: Returns up to 46.41% 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 (5/24/2020 – 6/1/2020)
I Know First Average: 12.36%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

This Stocks Under $50 Package forecast had correctly predicted 9 out of 10 stock movements. CAR was the top performing prediction with a return of 46.41%. ASPS and ARNC saw outstanding returns of 19.81% and 16.28%. The package itself saw an overall return of 12.36%, providing investors with a 8.97% premium above the S&P 500’s return of 3.39% for the same time period.

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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.