Undervalued Stocks Based on Stock Algorithm: Returns up to 43.07% in 7 Days

Undervalued Stocks

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best undervalued 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 (10/8/2019 – 10/15/2019)
I Know First Average: 9.8%
Undervalued Stocks
Undervalued Stocks chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The greatest return came from ASNA at 43.07%. Other notable stocks were CSS and FRAN with a return of 25.65% and 11.32%. With these notable trade returns, the package itself registered an average return of 9.8% compared to the S&P 500’s return of 1.94% for the same period.

Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.

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.