Australian Stocks Based on Algo Trading: Returns up to 10.00% in 3 Days

Australian Stocks

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 & Short
Forecast Length: 3 Days (06/21/2019 – 06/24/2019)
I Know First Average: 0.94% (Long) & 3.61% (Short)
Australian Stocks

During the 3 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from RFG.AX which registered a return of 10.00%. For the long positions the largest growth was registered by SLR.AX with a return of 8.85%, during the same period. The package itself, had an overall average return of 0.94%, in the long position, providing a premium of 1.24% over the SP500’s return of -0.30%. With regards to the short position, the package had an overall average return of 3.61%, providing investors with a premium of 3.94% over S&P500’s return of -0.33%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 7 out of 10 stocks, for the short position for this 3 Days forecasted period.

Retail Food Group Limited is a food and beverage company. It is engaged in the business of intellectual property ownership of the Donut King, bb’s cafe, It’s A Grind and Di Bella Coffee Brand Systems, among others; development and management of The Coffee Guy, It’s A Grind and Di Bella Coffee Brand Systems, among others, and development and management of coffee roasting facilities and the wholesale supply of coffee and allied products to existing brand systems and third-party accounts under the Evolution Coffee Roasters Group and Caffe Coffee brands, among others. Its segments include Donut King Brand System; Michel’s Patisserie Brand System; Brumby’s Bakery Brand System; QSR Systems (incorporating Crust Gourmet Pizza and Pizza Capers Brand Systems); Mobile Systems (incorporating Cafe2U and The Coffee Guy Brand Systems); Coffee Retail Systems (incorporating Gloria Jeans Coffees and Esquires Brand Systems), and Coffee and Allied Beverage (incorporates Wholesale Coffee operations).

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

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.