Australian Stock Market Trends Based on Genetic Algorithms: Returns up to 18.23% in 3 Days

Australian Stock Market Trends

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: 3 Days (03/03/2019 – 03/06/2019)
I Know First Average: 1.86%
Australian Stock Market Trends

This By Country – Australian Stocks Package forecast had correctly predicted 6 out of 10 stock movements. The top performing prediction from this package was BAL.AX with a return of 18.23%. MVF.AX, and SDA.AX had notable returns of 4.23% and 1.55%. The package had an overall average return of 1.86%, providing investors with a 1.74% premium over the S&P ASX’s return of 0.12% during the period.

Bellamy’s Australia Limited is engaged in the supply, sale and distribution of organic food and formula products for babies and toddlers. The Company’s segments include Australia, which focuses on the sales to retailers within Australia; China/Hong Kong, which focuses on the sales to Chinese distributors and online sales from third-party Websites to Chinese customers, and Other/South East Asia, which focuses on sales to other distributors and retailers, predominantly in South East Asia. It produces over 40 organic food and formula products, including infant formula, toddler milk drink, snacks, cereals, pastas and ready to eat pouches. The Company’s products are distributed in Australia, Vietnam, Singapore, Malaysia, People’s Republic of China, Hong Kong and New Zealand. Its products are also available through various online retail platforms. The Company’s subsidiaries include Bellamy’s Organic Australia Pty Ltd, Bellamy’s Kitchen Pty Ltd, Yum Mum Pty Ltd and others.

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.