Stock Market Forecast Based on Algorithmic Trading: Returns up to 47.82% in 1 Month

Stock Market Forecast

Stock Market Forecast: 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 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: 1 Month (12/1/23 – 1/1/24)
I Know First Average: 18.58%
Stock Market Forecast
Stock Market Forecast chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the Retail Stocks Package for this 1 Month forecast. The top-performing prediction in this forecast was BIG, which registered a return of 47.82%. Other notable stocks were M and KIRK with a return of 26.86% and 23.27%. The package itself saw an overall return of 18.58%, providing investors with a 14.16% premium above the S&P 500’s return of 4.42% for the same time period.

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.