Stocks Under 50 Dollars Based on Machine Learning: Returns up to 33.68% 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 (12/22/20 – 12/29/20)
I Know First Average: 5.79%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

In this 7 Days forecast for the Stocks Under $50 Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The prediction with the highest return was AVCT, at 33.68%. ATRO and AXGN also performed well for this time horizon with returns of 13.86% and 5.21%, respectively. The package itself saw an overall return of 5.79%, providing investors with a 4.70% premium above the S&P 500’s return of 1.09% for the same time 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.