Canadian Stocks Based on Deep-Learning: Returns up to 10.09% in 7 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: 7 Days (2/15/24 – 2/22/24)
I Know First Average: 2.12%
Canadian Stocks
Canadian Stocks chart

During the 7 Days forecasted period several picks saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. The prediction with the highest return was BHC.TO, at 10.09%. Additional high returns came from MFC.TO and SLF.TO, at 6.68% and 3.65% respectively. The package had an overall average return of 2.12%, providing investors with a 0.07% premium over the TSX’s return of 2.05% 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.