Stocks Under 20 Based on Stock Algorithm: Returns up to 39.11% in 7 Days
Stocks Under 20
This forecast is part of the Stocks Under 20 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 20 with bullish and bearish signals:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Stocks Under $20
Recommended Positions: Long
Forecast Length: 7 Days (4/18/21 – 4/25/21)
I Know First Average: 5.09%
In this 7 Days forecast for the Stocks Under $20 Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The prediction with the highest return was WBT, at 39.11%. ARLP and BGFV also performed well for this time horizon with returns of 13.74% and 9.4%, respectively. The Stocks Under $20 package had an overall average return of 5.09%, providing investors with a premium of 5.22% over the S&P 500’s return of -0.13%.
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.