Momentum Trading Based on Algo Trading: Returns up to 135.47% in 3 Months

Momentum Trading

This Retail Stocks forecast is designed for investors and analysts who need momentum trading 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 Months (7/29/2020 – 10/29/2020)
I Know First Average: 32.14%
Momentum Trading
Momentum Trading chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Retail Stocks Package for this 3 Months forecast. The top-performing prediction in this forecast was KIRK, which registered a return of 135.47%. Further notable returns came from BGFV and PBPB at 65.32% and 34.8%, respectively. This algorithmic forecast package presented an overall return of 32.14% versus S&P 500’s performance of 2.85% providing a market premium of 29.29%.

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.