Best Canadian Stocks Based on Algorithmic Trading: Returns up to 164.57% in 3 Months

Best Canadian Stocks

This Canadian Stocks forecast is part of the By Country Package, as one of I Know First’s systematic trading tools. The full forecast includes daily predictions for a total of 20 top Canadian stocks with bullish and bearish signals:

  • Top 10 Canadian stocks for the long position
  • Top 10 Canadian stocks for the short position

Package Name: By Country – Canadian Stocks
Recommended Positions: Long
Forecast Length: 3 Months (4/5/2020 – 7/6/2020)
I Know First Average: 41.25%
Best Canadian Stocks
Best Canadian Stocks chart

This By Country – Canadian Stock Package forecast had correctly predicted 10 out of 10 stock movements. The prediction with the highest return was SHOP.TO, at 164.57%. KXS.TO and CSU.TO followed with returns of 104.98% and 25.54% for the 3 Months period. The package had an overall average return of 41.25%, providing investors with a 20.14% premium over the TSX’s return of 21.11% 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 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.