Stock Market Predictions Based on Algo Trading: Returns up to 16.1% in 7 Days

Stock Market Predictions

This Stock Market Predictions 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 (8/4/21 – 8/11/21)
I Know First Average: 4.4%
Stock Market Predictions
Stock Market Predictions chart

In this 7 Days forecast for the Retail Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The greatest return came from HMHC at 16.1%. Further notable returns came from LL and HBI at 14.95% and 10.12%, respectively. This algorithmic forecast package presented an overall return of 4.4% versus S&P 500’s performance of 0.56% providing a market premium of 3.84%.

Houghton Mifflin Harcourt Company (HMH), incorporated on December 23, 2009, is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world. In the United States, the Company is a provider of kindergarten through 12th grade (K-12) educational content. It sells its products and services across multiple media and distribution channels.

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.