Consumer Discretionary Stocks Based on Deep Learning: Returns up to 13.2% in 14 Days
Consumer Discretionary Stocks
The Consumer Discretionary Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Consumer Industry. It includes 20 stocks with bullish and bearish signals.
- Top 10 Consumer stocks for the long position
- Top 10 Consumer stocks for the short position
Package Name: Consumer Stocks
Recommended Positions: Long
Forecast Length: 14 Days (4/2/21 – 4/18/21)
I Know First Average: 4.53%
In this 14 Days forecast for the Consumer Stocks Package, there were many high-performing trades, and the algorithm correctly predicted 9 out of 10 trades. The highest trade return came from IBP, at 13.2%. HMHC and BSET had notable returns of 6.65% and 6.62%. The package had an overall average return of 4.53%, providing investors with a 0.41% premium over the S&P 500’s return of 4.12% during the 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.