Trend Following Based on Deep-Learning: Returns up to 8.84% in 3 Days

Trend Following

This Trend Following 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: 3 Days (10/12/21 – 10/15/21)
I Know First Average: 3.02%
Trend Following
Trend Following chart

7 out of 10 stock prices in this forecast for the Retail Stocks Package moved as predicted by the algorithm. IAC was the top performing prediction with a return of 8.84%. The suggested trades for CAR and KIRK also had notable 3 Days yields of 6.0% and 4.88%, respectively. The package saw an overall yield of 3.02% versus the S&P 500’s return of 2.53% implying a market premium of 0.49%.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. It operates through six segments: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other.

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.