Australian Stocks

Best Australian Stocks: This 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: 7 days (7/12/2019 – 7/20/2019)
I Know First Average: 7.01%

For this 7 days forecast the algorithm had successfully predicted 9 out of 10 movements. The top-performing prediction in this forecast was DCN.AX, which registered a return of 31.36%. RSG.AX, and SAR.AX had notable returns of 14.47% and 9.5%. The package had an overall average return of 7.01%, providing investors with a 7.30% premium over the S&P ASX’s return of -0.29% during the period.

Dacian Gold Limited explores and develops gold properties in Australia. It primarily focuses on its 100% owned Mount Morgans Gold Project located in the Laverton district of Western Australia. The company was founded in 2011 and is based in Como, Australia.

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.