Algorithmic Trading Based on Deep Learning: Returns up to 48.82% in 14 Days

Algorithmic Trading

This Retail Stocks forecast is designed for investors and analysts who need predictions and Algorithmic Trading for the best stocks to invest in the retail estate sector (see Retail Stocks Package). It includes 20 stocks with bullish and bearish signals:

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

Package Name: Retail Stocks
Recommended Positions: Long
Forecast Length: 14 Days (9/29/2020 – 10/13/2020)
I Know First Average: 11.66%
Algorithmic Trading
Algorithmic Trading chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. The greatest return came from BBBY at 48.82%. The suggested trades for HIBB and SIG also had notable 14 Days yields of 39.64% and 12.63%, respectively. With these notable trade returns, the package itself registered an average return of 11.66% compared to the S&P 500’s return of 4.78% for the same period.

Bed Bath & Beyond Inc., incorporated on October 5, 1971, is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market). The Company operates in two segments: North American Retail and Institutional Sales.

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.