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: 14 Days (5/15/2020 – 5/30/2020)
I Know First Average: 23.39%

During the 14 Days forecasted period several picks in the Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The top performing prediction from this package was ACB.TO with a return of 109.46%. Further notable returns came from DOO.TO and IFP.TO at 30.27% and 16.44%, respectively. The package had an overall average return of 23.39%, providing investors with a 18.68% premium over the TSX’s return of 4.71% 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.