Best Canadian Stocks Based on Stock Market Algorithm: Returns up to 21.73% in 7 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 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: 7 Days (9/13/2019 – 9/21/2019)
I Know First Average: 5.67%
Best Canadian Stocks
Best Canadian Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this By Country – Canadian Stocks Package for the 7 Days time period. The highest trade return came from FM.TO, at 21.73%. Further notable returns came from NVA.TO and CPG.TO at 17.97% and 11.69%, respectively. The package had an overall average return of 5.67%, providing investors with a 4.13% premium over the TSX’s return of 1.54% during the period.

First Quantum Minerals Ltd. (FM:TO) explores for, mines, and produces copper cathode, copper in concentrate, and gold. The Company also produces sulfuric acid.

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.