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: 14 Days (5/20/2020 – 6/3/2020)
I Know First Average: 13.69%

For this 14 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The prediction with the highest return was SGF.AX, at 29.21%. SIQ.AX and CIA.AX followed with returns of 24.53% and 19.59% for the 14 Days period. The package had an overall average return of 13.69%, providing investors with a 6.51% premium over the S&P ASX’s return of 7.18% during the period.

SG Fleet Group Limited offers motor vehicle fleet management, vehicle leasing, consumer vehicle finance and salary packaging services. The Company’s segments include Australia, New Zealand, United Kingdom and Corporate. The Company’s products include driversafety intelligence, Bookingintelligence, vehicle accessories, Fleetintelligence 2.0, Roadside Assistance service, toll management service, fuel management program, and incident and accident management service. The Company’s fleet management services include Maintenance plans, Registration renewal, Vehicle acquisition and disposal, Fines management and Driver training. The Company’s specialist Commercial division offers truck, plant and materials handling fleet management and leasing solutions. The Company offers Fleet Management and Leasing Services for Government Organizations, Novated Leases for Government Employees and Salary Packaging for Government Employees. The Company also has an application for iPhone and Android.

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.