Equity Valuation based on Predictive Algorithm: Return up to 29.13% in 1 Month

Equity Valuation

The Canadian Stock Forecast is part of the “Canadian Stocks” package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 top Canadian stocks with bullish and bearish signals:

  • Top ten Canadian stocks pick to long
  • Top ten Canadian stocks pick to short

Package Name: Canadian Stocks 
Recommended Positions: Long
Forecast Length: 1 Month (04/17/2016 – 05/17/2016)
I Know First Average: 13.05%

equity valuation

This 1-month forecast from the algorithm had a good performance with stocks FM.TO,YRI.TO and K.TO, and YRI.TO all having excellent returns of 29.13%, 26.40%, and 25.23%. With these high-returning stocks, the package had an average return of 13.05% to investors with a 60% accuracy rate. For the same time period, the S&P 500 returned -1.61%.

First Quantum Minerals Ltd. is a Vancouver, British Columbia based mining and metals company whose principal activities include mineral exploration, development and mining.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.