Canadian Stocks Based on a Self-learning Algorithm: Returns up to 211.87% in 1 Year

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 Year (8/15/21 – 8/16/22)
I Know First Average: 53.73%
Canadian Stocks
Canadian Stocks chart

There were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. The top-performing prediction in this forecast was NVA.TO, which registered a return of 211.87%. Other notable stocks were TOU.TO and BIR.TO with a return of 157.7% and 116.35%. The package had an overall average return of 53.73%, providing investors with a 55.37% premium over the TSX’s return of -1.64% 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.