Australian Stocks Based on a Self-learning Algorithm: Returns up to 117.2% in 1 Month

Australian Stocks

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

  • Top 10 Australian stocks for the long position
  • Top 10 Australian stocks for the short position

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 1 Month (11/6/2020 – 12/7/2020)
I Know First Average: 26.85%
Australian Stocks
Australian Stocks chart

For this 1 Month forecast, the algorithm had successfully predicted 9 out of 10 movements. SYR.AX was the highest-earning trade with a return of 117.2% in 1 Month. LYC.AX, and VUK.AX had notable returns of 37.16% and 32.24%. This Australian Stocks package had an overall average return of 26.85%, providing investors with a 17.95% premium over the S&P ASX’s return of 8.9% during the period.

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.