Canadian Stocks Based on Deep-Learning: Returns up to 8.79% in 14 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: 14 Days (8/30/24 – 9/13/24)
I Know First Average: 2.65%
For this 14 Days forecast the algorithm has successfully predicted 8 out of 10 movements. HR_u.TO was the highest-earning trade with a return of 8.79% in 14 Days. Further notable returns came from CM.TO and SRU_u.TO at 7.66% and 6.51%, respectively. The package had an overall average return of 2.65%, providing investors with a 1.18% premium over the TSX’s return of 1.47% 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.