Trend Following Based on Predictive Analytics: Returns up to 31.63% in 1 Month

Trend Following

This Retail Stocks 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: 1 Month (7/16/21 – 8/16/21)
I Know First Average: 4.67%
Trend Following
Trend Following chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Retail Stocks Package for this 1 Month forecast. HMHC was the highest-earning trade with a return of 31.63% in 1 Month. Further notable returns came from DDS and LE at 15.21% and 13.09%, respectively. The package had an overall average return of 4.67%, providing investors with a premium of 1.93% over the S&P 500’s return of 2.74% during the same period.

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.