Stocks Under 50 Dollars Based on Genetic Algorithms: Returns up to 34.78% in 1 Month
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: 1 Month (10/20/2019 – 11/20/2019)
I Know First Average: 10.6%
During the 1 Month forecasted period several picks in the Stocks Under $50 Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. AMKR was our best stock pick this week a return of 34.78%. The suggested trades for ACLS and AIMC also had notable 1 Month yields of 24.41% and 17.2%, respectively. With these notable trade returns, the package itself registered an average return of 10.6% compared to the S&P 500’s return of 4.09% for 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.