Australian Stocks Based on Genetic Algorithms: Returns up to 63.28% in 14 Days

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 (2/2/21 – 2/16/21)
I Know First Average: 19.65%
Australian Stocks
Australian Stocks chart

This By Country – Australian Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was SPL.AX with a return of 63.28%. SWM.AX and PNI.AX saw outstanding returns of 58.9% and 35.67%. The package had an overall average return of 19.65%, providing investors with a 15.80% premium over the S&P ASX’s return of 3.85% during the period.

nalystsSellHoldBuyRevenue (MM, AUD)20180.0K20190.0K20200.0K2021(E)0.0KEPS (AUD)2018-0.0282019-0.0402020-0.0402021(E)-0.027Price To Earnings (TTM)–Price To Sales (TTM)89.02Price To Book (MRQ)20.22Price To Cash Flow (TTM)–Total Debt To Equity (MRQ)5.02LT Debt To Equity (MRQ)3.10Return on Investment (TTM)-39.24Return on Equity (TTM)-33.38

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.