Consumer Discretionary Stocks Based on Genetic Algorithms: Returns up to 41.6% in 7 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 & Short
Forecast Length: 7 Days (8/30/2020 – 9/7/2020)
I Know First Average: 8.61% (Long) & 7.7% (Short)
Consumer Discretionary Stocks
Consumer Discretionary Stocks chart
Consumer Discretionary Stocks chart
During the 7 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from PLCE which registered a return of 10.36%. For the long positions the largest growth was registered by VRA with a return of 41.6%, during the same period. The package itself, had an overall average return of 8.61%, in the long position, providing a premium of 10.92% over the SP500’s return of -2.31%. With regards to the short position, the package had an overall average return of 7.7%, providing investors with a premium of 10.01% over S&P500’s return of -2.31%. The I Know First’s Stock Market Algorithm accurately forecasted 9 out of 10 stocks, for the long position, and 9 out of 10 stocks, for the short position for this 7 Days forecasted period.

Vera Bradley, Inc. (Vera Bradley), incorporated on June 23, 2010, is a designer of women’s handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The Company’s segments include Direct and Indirect. The Company offers various products, including bags, travel, home and accessories. Its accessories include fashion accessories, such as wallets, wristlets, eyeglass cases, jewelry, and scarves and various technology accessories. Its travel product category includes rolling luggage, cosmetics, travel and packing accessories, and travel bags, which includes its duffel and weekend bags. Its home category includes textiles, including throw blankets, beach towels, and comforters, wellness and beauty, as well as items, such as mugs and tumblers.

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

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.