Australian Stock Analysis Based on Deep Learning: Returns up to 25.13% in 7 Days

Australian Stock Analysis

Best Australian Stocks: 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 Australian stocks for the long position
  • Top 10 Australian stocks for the short position

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 7 Days (09/24/2018 – 10/01/2018)
I Know First Average: 2.81%
Australian Stock Analysis

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 5 out 10 stock movements. MSB.AX was the top performing prediction with a return of 25.13%. YOW.AX and CUV.AX saw outstanding returns of 23.81% and 16.16%. With these notable trade returns, the package itself registered an average return of 2.81% compared to the S&P 500’s return of -0.17% for the same period.

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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.