Best Short Term Stocks Based on Data Mining: Returns up to 23.47% in 7 Days

Best Short Term Stocks

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best short term 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: 7 Days (6/12/2020 – 6/20/2020)
I Know First Average: 5.03%
Best Short Term Stocks
Best Short Term Stocks chart

This Retail Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was MIK with a return of 23.47%. LL and IAC also performed well for this time horizon with returns of 16.35% and 9.33%, respectively. The package’s overall average return was 5.03%, providing investors with a 1.84% premium over the S&P 500’s return of 3.19% during the same period.

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.