Trend Following Based on Machine Learning: Returns up to 41.33% in 3 Months

June 7, 2020

Trend Following

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best trend following 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 Months (3/6/2020 – 6/7/2020)
I Know First Average: 14.17%
Trend Following
Trend Following chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Retail Stocks Package for the 3 Months time period. The top-performing prediction in this forecast was IAC, which registered a return of 41.33%. Further notable returns came from JD and AMZN at 32.32% and 29.05%, respectively. The overall average return in this Retail Stocks package was 14.17%, providing investors with a 8.55% premium over the S&P 500’s return of 5.62% during the same period.

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.

Retail Stocks