Stock Ideas Based on Big Data: Returns up to 19.44% in 7 Days

Stock Ideas

This Stock Ideas 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 stocks for the long position
  • Top 10 Retail stocks for the short position

Package Name: Retail Stocks
Recommended Positions: Long
Forecast Length: 7 Days (6/24/21 – 7/1/21)
I Know First Average: 5.09%
Stock Ideas
Stock Ideas chart

For this 7 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The top-performing prediction in this forecast was EXPR, which registered a return of 19.44%. Other notable stocks were BKE and CHS with a return of 13.54% and 11.93%. The package had an overall average return of 5.09%, providing investors with a 3.25% premium over the S&P 500’s return of 1.84% during the period.

Express, Inc. (EXPR) operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America, the Middle East, and South Africa.

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.