Artificial Intelligence Trading Based on Artificial Intelligence: Returns up to 27.85% in 3 Days
Artificial Intelligence Trading
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
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 3 Days (02/04/2019 – 02/07/2019)
I Know First Average: 5.46%
For this 3 Days forecast the algorithm had successfully predicted 6 out of 10 movements. The highest trade return came from IGLD.TA, at 27.85%. The suggested trades for LUDN.TA and QNCO.TA also had notable 3 Days yields of 11.73% and 11.42%, respectively. The overall average return in this By Country – Israeli Stocks package was 5.46%, providing investors with a 5.48% premium over the S&P 500’s return of -0.02% during the same period.
Internet Gold’s main asset is its 64.78% interest in BCOM Ltd. (Nasdaq and TASE: BCOM), a subsidiary through which IGLD holds a controlling interest in Bezeq (TASE:BZEQ), Israel’s incumbent telecommunications provider. Bezeq is a leading player in Israel’s fixed-line, mobile voice, broadband and multichannel pay TV markets.
Internet Gold is controlled by Eurocom Communications , a leading privately-held investment group headquartered in Ramat Gan. Internet Gold’s shares are traded on Nasdaq Global Market (Nasdaq: IGLD) and the Tel Aviv Stock Exchange (TASE: IGLD). Its share price is tracked as part of the TA- All-Share index.
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.