Arbitrage Trading Based on Big Data Analytics : Returns up to 27.37% in 3 Days

Arbitrage Trading

This Retail Stocks forecast is designed for investors and analysts who need predictions for arbitrage 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: 3 Days (10/13/2019 – 10/17/2019)
I Know First Average: 8.0%
Arbitrage Trading
Arbitrage Trading chart

8 out of 10 stock prices in this forecast for the Retail Stocks Package moved as predicted by the algorithm. ASNA was the highest-earning trade with a return of 27.37% in 3 Days. The suggested trades for CSS and FRAN also had notable 3 Days yields of 23.17% and 18.27%, respectively. The package had an overall average return of 8.0%, providing investors with a 7.07% premium over the S&P 500’s return of 0.93% during the period.

Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.

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.