Australian Stocks Based on Deep Learning: Returns up to 107.98% in 1 Year

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 40 stocks with bullish and bearish signals:

  • Top 20 Australian stocks for the long position
  • Top 20 Australian stocks for the short position

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 1 Year (8/26/2018 – 8/26/2019)
I Know First Average: 8.33%
Australian Stocks
Australian Stocks chart

Several predictions in this 1 Year forecast saw significant returns. The algorithm had correctly predicted 12 out 20 stock movements. The prediction with the highest return was ASB.AX, at 107.98%. The suggested trades for CIA.AX and NEA.AX also had notable 1 Year yields of 69.17% and 50.56%, respectively. The package had an overall average return of 8.33%, providing investors with a 5.61% premium over the S&P ASX’s return of 2.72% 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 20 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.