Quantitative Trading Based on Big Data Analytics: Returns up to 16.59% in 7 Days

Quantitative Trading

This Retail Stocks forecast is designed for investors and analysts who need quantitative trading 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: 7 Days (9/9/2020 – 9/16/2020)
I Know First Average: 4.8%
Quantitative Trading
Quantitative Trading chart

During the 7 Days forecasted period several picks in the Retail Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The highest trade return came from AEO, at 16.59%. HIBB and RUTH saw outstanding returns of 14.88% and 9.21%. With these notable trade returns, the package itself registered an average return of 4.8% compared to the S&P 500’s return of 1.61% for the same period.

American Eagle Outfitters, Inc. (AEO) operates as a specialty retailer offering on-trend clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company provides denim, bottoms, and other apparel, as well as footwear and accessories for men and women; and intimates, including bras, undies, swim, and other products, as well as apparel and personal care products for women. In addition, it offers sports apparel under the Tailgate brand; and menswear products under the Todd Snyder New York brand name. The company operates approximately 1,000 stores in the United States, Canada, Mexico, China, Hong Kong, and the United Kingdom, and ships to 81 countries through its websites. It also offers its merchandise at 151 stores operated by licensees in 22 countries, as well as through its Websites at ae.com, aerie.com, TailgateClothing.com, and ToddSnyder.com. American Eagle Outfitters, Inc. (AEO) was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania.

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.