Best Canadian Stocks Based on Pattern Recognition: Returns up to 17.05% in 3 Days

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 40 top Canadian stocks with bullish and bearish signals:

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

Package Name: By Country – Canadian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (9/13/2019 – 9/17/2019)
I Know First Average: 5.4%
Best Canadian Stocks
Best Canadian Stocks chart

For this 3 Days forecast the algorithm had successfully predicted 14 out of 20 movements. The greatest return came from NVA.TO at 17.05%. BTE.TO and ARX.TO followed with returns of 16.32% and 12.48% for the 3 Days period. The package had an overall average return of 5.4%, providing investors with a 4.25% premium over the TSX’s return of 1.15% 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.