Canadian Stocks Based on Predictive Analytics : Returns up to 14.25% in 1 Month

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 & Short
Forecast Length: 1 Month (8/2/2019 – 9/2/2019)
I Know First Average: 5.44% (Long) & 12.41% (Short)
Canadian Stocks
Canadian Stocks chart
Canadian Stocks chart
During the 1 Month forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from CCO.TO which registered a return of 1.77%. For the long positions the largest growth was registered by YRI.TO with a return of 14.25%, during the same period. The package itself, had an overall average return of 5.44%, in the long position, providing a premium of 6.36% over the SP500’s return of -0.92%. With regards to the short position, the package had an overall average return of 12.41%, providing investors with a premium of 12.01% over S&P500’s return of 0.4%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 10 out of 10 stocks, for the short position for this 1 Month forecasted period.

Yamana Gold Inc. (YRI.TO), engages in the exploration and development of precious metal properties in Brazil, Argentina, Chile, Mexico, and Canada. It explores for gold, silver, and copper.

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

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.