Australian Stock Market Forecast

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: 14 Days (11/02/2018 – 11/16/2018)
I Know First Average: 6.05%

During the 14 Days forecasted period several picks in the By Country – Australian Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was GEM.AX, at 39.90%. Further notable returns came from FLN.AX and LYC.AX at 14.89% and 9.48%, respectively. The By Country – Australian Stocks package had an overall average return of 6.05%, providing investors with a premium of 6.20% over the S&P 500’s return of -0.15%.

G8 Education Limited provides developmental and educational child care services. The Company’s principal activities include the operation of early education centers owned by the Company and its subsidiaries, and the ownership of early education center franchises. It provides quality care and education facilities across Australia and Singapore through a range of brands. The Company’s portfolio consists of approximately 490 in Australia and over 20 in Singapore. These centers provide a total combined licensed capacity of approximately 38,710 places. It offers brands, such as First Grammar, reative Garden, Kindy Patch Kids, buggles, Sandcastles, World of Learning, jellybeans, Kinder Haven, Pelican Childcare, Nurture One and Penguin Childcare. The Company’s subsidiaries include Sydney Cove Children’s Centre B Pty Ltd, Sydney Cove Property Holdings Pty Ltd, World Of Learning Licences Pty Ltd, Kindy Kids Operations Pty Ltd, Alfoom Investments Pty Ltd and Cherie Hearts Corporate Pte Ltd.

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.