Top Stocks Under 5 Based on Algorithmic Trading: Returns up to 24.05% in 7 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: 7 Days (9/11/2020 – 9/19/2020)
I Know First Average: 8.46%
Top Stocks Under 5
Top Stocks Under 5 chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The prediction with the highest return was SPPI, at 24.05%. CLMT and RAIL saw outstanding returns of 19.75% and 17.76%. The package’s overall average return was 8.46%, providing investors with a 9.05% premium over the S&P 500’s return of -0.59% during the same period.

Spectrum Pharmaceuticals, Inc. is a biotechnology company with fully integrated commercial and drug development operations with a primary focus in oncology. The Company’s strategy is comprised of acquiring, developing, and commercializing a broad and diverse pipeline of late-stage clinical and commercial products.

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.