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: 1 Month (5/6/22 – 6/7/22)
I Know First Average: 11.88%

During the 1 Month forecasted period several picks in the By Country – Canadian Shares Package saw significant returns. The algorithm had correctly predicted 9 out of 10 returns. ERF.TO was the highest-earning trade with a return of 30.87% in 1 Month. BTE.TO and BIR.TO followed with returns of 24.81% and 21.38% for the 1 Month period. The package had an overall average return of 11.88%, providing investors with a 11.29% premium over the TSX’s return of 0.59% 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.