Stocks Under 50 Dollars Based on Deep-Learning: Returns up to 19.93% 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 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 (5/2/21 – 5/10/21)
I Know First Average: 2.93%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Stocks Under $50 Package for this 7 Days forecast. The top performing prediction from this package was CVGI with a return of 19.93%. The suggested trades for BLX and TUP also had notable 7 Days yields of 9.49% and 6.03%, respectively. The package had an overall average return of 2.93%, providing investors with a 2.76% premium over the S&P 500’s return of 0.17% during the 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.