Australian Stock Market Forecast Based on Stock Prediction Algorithm: Returns up to 33.33% in 14 Days

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 (09/12/2018 – 09/26/2018)
I Know First Average: 7.29%
Australian Stock Market Forecast

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Australian Stocks Package for this 14 Days forecast. YOW.AX was the highest-earning trade with a return of 33.33% in 14 Days. Additional high returns came from CUV.AX and PNI.AX, at 25.46% and 11.37% respectively. The package had an overall average return of 7.29%, providing investors with a 6.66% premium over the S&P 500’s return of 0.63% during the period.

Yowie Group Limited is a brand licensing company. The Company specializes in the development of consumer products designed to promote learning, understanding and engagement by exploiting its over six Yowie characters. The Company operates through confectionery business segment. The Company employs its rights in the outsourcing of the manufacturing and distribution of the Yowie chocolate confectionery product; in the development of a Yowie digital platform, and Yowie branded licensed consumer products. Yowie confectionery is a character-molded, 28-gram chocolate inclusion product. The Company operates Yowieworld.com, which consists of applications, three-dimensional (3D) games and other fun activities. Yowieworld.com is a multiplatform experience, which lets users build their own virtual sticker book that enables to keep track of their Playmate collection. The Company is focused on distribution of Yowie product in North America, Australia, New Zealand and throughout Asia.

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.