Canadian Stocks Based on Big Data: Returns up to 9.4% in 3 Days

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: 3 Days (6/28/2020 – 7/1/2020)
I Know First Average: 5.28%
Canadian Stocks
Canadian Stocks chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The top-performing prediction in this forecast was FM.TO, which registered a return of 9.4%. The suggested trades for IMG.TO and AGI.TO also had notable 3 Days yields of 9.33% and 6.12%, respectively. The package had an overall average return of 5.28%, providing investors with a 3.13% premium over the TSX’s return of 2.15% 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.