Algorithmic Trading Strategy Based on AI: Returns up to 23.52% in 7 Days

Algorithmic Trading Strategy

This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Israeli stocks for the long position
  • Top 10 Israeli stocks for the short position

Israeli Stocks
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/12/2018 – 10/19/2018)
I Know First Average: 7.01%
Algorithmic Trading Strategy

8 out of 10 stock prices in this forecast for the By Country – Israeli Stocks Package moved as predicted by the algorithm. MRHL.TA was our best stock pick this week a return of 23.52%. AMRK.TA and BLRX.TA followed with returns of 17.59% and 12.62% for the 7 Days period. The package saw an overall yield of 7.01% versus the S&P 500’s return of 1.44% implying a market premium of 5.57%.

Merchavia Holdings and Investments Ltd, formerly NEPCO STAR LTD, is an Israel-based company. The Company sold its jewelry business in 2007 and rents out a commercial development that was developed by NEPCO STAR LTD. in 1993.

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.