Top Stocks Under 5 Based on a Self-learning Algorithm: Returns up to 21.91% in 14 Days

Top Stocks Under 5

This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 Top Stocks Under 5 stocks with bullish and bearish signals:

  • Top 10 stocks for the long position
  • Top 10 stocks for the short position

under 5
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 14 Days (10/7/2020 – 10/21/2020)
I Know First Average: 6.49%
Top Stocks Under 5
Top Stocks Under 5 chart

In this 14 Days forecast for the Stocks Under $5 Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. IMGN was the highest-earning trade with a return of 21.91% in 14 Days. ESEA and OGI also performed well for this time horizon with returns of 20.15% and 16.98%, respectively. The package had an overall average return of 6.49%, providing investors with a 4.27% premium over the S&P 500’s return of 2.22% during the period.

ImmunoGen, Inc. (IMGN), a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology.

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.