Stock Ideas Based on Genetic Algorithms: Returns up to 40.89% in 7 Days

Stock Ideas

This Retail Stocks 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 stock ideas 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 (10/9/2019 – 10/16/2019)
I Know First Average: 13.57%
Stock Ideas
Stock Ideas chart

During the 7 Days forecasted period several picks in the Retail Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. ASNA was the top performing prediction with a return of 40.89%. CSS and BGFV also performed well for this time horizon with returns of 27.46% and 17.89%, respectively. The Retail Stocks package had an overall average return of 13.57%, providing investors with a premium of 10.23% over the S&P 500’s return of 3.34%.

Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.

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.