Australian Stocks Forecasting

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 (11/02/2018 – 11/09/2018)
I Know First Average: 8.15%

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. AKP.AX was the top performing prediction with a return of 23.46%. KDR.AX and GEM.AX saw outstanding returns of 20.17% and 16.26%. With these notable trade returns, the package itself registered an average return of 8.15% compared to the S&P 500’s return of 1.48% for the same period.

Audio Pixels Holdings Limited is engaged in investing in Audio Pixels Limited of Israel. The Company’s subsidiary, Audio Pixels Limited, is engaged in the development of digital speakers. It operates through digital speakers segment. Its geographical segments include Australia and Israel. Its technologies employ techniques to generate sound waves directly from a digital audio stream using micro-electromechanical structures (MEMS). The MEMS-based Digital Sound Reconstruction platform enables the market for audio speakers to follow the evolution of the video display market from analog tube based monitors to the digital flat panel displays. It focuses on producing and selling a single type of chip that can be used either as a standalone speaker or cascaded in any multiples of up to 64 units of the same chip. The chip replaces conventional speaker driver(s), enclosure or acoustic chamber, as well as the electronic circuitry associated with converting the digital signal feed to analog.

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.