Market Predictions Based on Big Data: Returns up to 16.67% in 3 Days

Market Predictions

This Retail Stocks forecast is designed for investors and analysts who need market predictions 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 (6/4/21 – 6/8/21)
I Know First Average: 7.95%
Market Predictions
Market Predictions chart

9 out of 10 stock prices in this forecast for the Retail Stocks Package moved as predicted by the algorithm. The top-performing prediction in this forecast was CHS, which registered a return of 16.67%. The suggested trades for GME and BBBY also had notable 3 Days yields of 16.2% and 15.46%, respectively. The package’s overall average return was 7.95%, providing investors with a 7.13% premium over the S&P 500’s return of 0.82% during the same period.

Chico’s FAS, Inc. operates as an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items. The company’s portfolio of brands consists of the Chico’s, White House Black Market (WHBM), and Soma, and Boston Proper. The Chico’s brand primarily sells private branded clothing focusing on women 45 and older. The WHBM brand sells private branded clothing and accessories, such as shoes, belts, scarves, handbags, and jewelry focusing on women who are 35 years old and over. The Soma brand sells designed private branded lingerie, sleepwear, loungewear, and beauty products focusing on women who are 35 years old and over. The Boston Proper brand sells women’s apparel and accessories focusing on women between 35 and 55 years old. As of January 30, 2016, it operated 1,518 retail stores in 48 states, the U.S. Virgin Islands, Puerto Rico, and Canada. The company also sells through its Websites and catalogs. Chico’s FAS, Inc. was founded in 1983 and is headquartered in Fort Myers, Florida.

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.