Australian Top Stocks Based on Big Data: Returns up to 18.75% in 3 Days

Australian Top 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
Forecast Length: 3 Days (01/13/2019 – 01/16/2019)
I Know First Average: 4.00%
Australian Top Stocks

9 out of 10 stock prices in this forecast for the By Country – Australian Stocks Package moved as predicted by the algorithm. BKY.AX was our best stock pick this week a return of 18.75%. NEA.AX and BPT.AX followed with returns of 7.44% and 4.79% for the 3 Days period. The package saw an overall yield of 4.00% versus the S&P 500’s return of 0.76% implying a market premium of 3.24%.

Berkeley Energia Limited, formerly Berkeley Energy Limited, is engaged in mineral exploration and development. The Company is focused on developing Europe’s uranium project, the Salamanca mine. The Company is developing the Salamanca project in uranium mining area in western Spain.

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.