Consumer Staples Stocks Based on Data Mining: Returns up to 22.43% in 3 Days

Consumer Staples Stocks

The Consumer Staples 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: Short
Forecast Length: 3 Days (9/18/2020 – 9/23/2020)
I Know First Average: 7.3%
Consumer Staples Stocks
Consumer Staples Stocks chart

7 out of 10 top stock picks from the algorithm decreased as predicted for this 3 Days forecasting period. FRAN saw a monumental price change of 22.43% in just 3 Days. NCMI, and MCS also had excellent performances with significant returns of 21.74% and 15.84% respectively. Finally, good returns could also come from short positions held on the rest of the successfully predicted assets, providing positive gains over the same forecast period.

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.