Stocks Under 50 Dollars Based on Machine Learning: Returns up to 110.23% 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 (12/11/20 – 1/12/21)
I Know First Average: 24.9%
For this 1 Month forecast the algorithm had successfully predicted 8 out of 10 movements. The prediction with the highest return was BEEM, at 110.23%. Other notable stocks were BLNK and AR with a return of 81.38% and 46.06%. The overall average return in this Stocks Under $50 package was 24.9%, providing investors with a 21.27% premium over the S&P 500’s return of 3.63% 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.