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 (1/6/2020 – 1/13/2020)
I Know First Average: 3.95%

This By Country – Australian Stocks Package forecast had correctly predicted 6 out of 10 stock movements. The prediction with the highest return was CLQ.AX, at 25.58%. The suggested trades for SYR.AX and CDA.AX also had notable 7 Days yields of 16.04% and 6.73%, respectively. The package had an overall average return of 3.95%, providing investors with a 1.54% premium over the S&P ASX’s return of 2.41% during the period.

Clean TeQ Holdings Limited is an Australia-based company that provides specialty materials and clean solutions to a range of industries using its Clean-iX continuous ion exchange technology. The Company is focused on the development and use of the Clean-iX resin technology for application in the extraction and purification of a range of resources in the mining industry including base metals and precious metals. It is also engaged in the development of Continuous Ionic Filtration and Macroporous Polymer Adsorption resin technologies for application in the purification and recycling of industrial and mining waste waters. The Company operates through two segments: Metals and Water. Its Metals division includes Sunrise Nickel Cobalt Scandium Project, located in New South Wales, Australia. Its Water delivers water treatment solutions to the power, mining, oil and gas, and municipal industries using its Continuous Ionic Filtration and Exchange technology.

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.