Canadian Stocks Based on Artificial Intelligence: Returns up to 37.82% in 14 Days

July 14, 2020

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 (6/28/2020 – 7/13/2020)
I Know First Average: 12.34%
Canadian Stocks
Canadian Stocks chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. FM.TO was the highest-earning trade with a return of 37.82% in 14 Days. The suggested trades for IFP.TO and WFT.TO also had notable 14 Days yields of 26.81% and 20.57%, respectively. The package had an overall average return of 12.34%, providing investors with a 9.37% premium over the TSX’s return of 2.97% 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.

Canadian Stock Forecast