Market Predictions for Retail Equities Based on Deep Learning: Returns up to 97.49% in 1 Month

Retail Equities

This Retail Equities forecast is designed for investors and analysts who need 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 Equities for the long position
  • Top 10 Retail Equities for the short position

Package Name: Retail Equities
Recommended Positions: Long
Forecast Length: 1 Month (5/2/21 – 6/2/21)
I Know First Average: 15.1%
Market Predictions
Market Predictions chart

During the 1 Month forecasted period several picks in the Retail Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The greatest return came from BGFV at 97.49%. EZPW and ARCO also performed well for this time horizon with returns of 32.5% and 18.32%, respectively. With these notable trade returns, the package itself registered an average return of 15.1% compared to the S&P 500’s return of 0.64% for the same period.

Big 5 Sporting Goods Corporation, incorporated on October 31, 1997, is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format. The Company also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports. The Company purchases merchandise from sporting goods equipment, athletic footwear and apparel manufacturers. It offers various brands, such as adidas, Coleman, Footjoy, JanSport, Rawlings, Spalding, Asics, Columbia, Franklin, Lifetime, Razor, Speedo, Bearpaw, Crocs, Gildan, Mizuno, Rollerblade and Timex.

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.