Algotrader Based on Predictive Analytics: Returns up to 10.95% in 3 Days

Algotrader

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

  • Top 10 South African stocks for the long position
  • Top 10 South African stocks for the short position

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 3 Days (06/01/2018 – 06/04/2018)
I Know First Average: 3.07%
Algotrader

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. FFBJ.J was the top performing prediction with a return of 10.95%. CPIJ.J and PSGJ.J saw outstanding returns of 6.07% and 5.57%. With these notable trade returns, the package itself registered an average return of 3.07% compared to the S&P 500’s return of 1.54% for the same period.

Fortress REIT Limited, formerly Fortress Income Fund Limited, is a real estate investment trust (REIT), which invests in both physical property and listed property securities. The Company’s segments include Logistics, Industrial, Office, Retail, Other, Corporate South Africa and Corporate Europe. The Company owns and develops logistics warehouses, which are let to corporate tenants on long leases. The Company also invests in retail properties focused on transport nodes. The Company’s equity portfolio consists of both local listed REITs and international listed property securities. The Company focuses on development of prime logistic warehousing, retail centers and strategic offshore investments. The Company’s portfolio includes development properties, industrial properties, logistics properties, office properties, residential properties, retail properties and other properties.

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.

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