Saudi Arabian Stocks

This Saudi Arabian Stock forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

• Top 10 Saudi Arabian Stocks for the long position
• Top 10 Saudi Arabian Stocks for the short position

Package Name: By Country – Saudi Arabian Stocks
Recommended Positions: Long
Forecast Length: 1 Month (8/14/2020 – 9/15/2020)
I Know First Average: 30.52%

During the 1 Month forecasted period several picks in the By Country – Saudi Arabian Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The highest trade return came from 6040.SE, at 70.21%. 8300.SE and 8260.SE saw outstanding returns of 55.49% and 37.16%. The package had an overall average return of 30.52%, providing investors with a 22.51% premium over the TDW Main’s return of 8.01% during the period.

ef Financial Officer

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.