Best Canadian Stocks Based on Data Mining: Returns up to 33.07% in 1 Month

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 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: 1 Month (7/14/2019 – 8/14/2019)
I Know First Average: 12.44%
Best Canadian Stocks
Best Canadian Stocks chart

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Canadian Stocks Package for this 1 Month forecast. The greatest return came from DGC.TO at 33.07%. Additional high returns came from ELD.TO and PVG.TO, at 24.67% and 21.03% respectively. The package had an overall average return of 12.44%, providing investors with a 15.12% premium over the TSX’s return of -2.68% 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.