Automated Trading

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 Turkish stocks for the long position
• Top 10 Turkish stocks for the short position

Package Name: By Country – Turkish Stocks
Recommended Positions: Long & Short
Forecast Length: 14 Days (04/12/2019 – 04/27/2019)
I Know First Average: 5.10% (Long) & 4.15% (Short)

During the 14 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from GARFA.IS which registered a return of 18.22%. For the long positions the largest growth was registered by ITTFH.IS with a return of 38.10%, during the same period. The package itself, had an overall average return of 5.10%, in the long position, providing a premium of 3.31% over the SP500’s return of 1.79%. With regards to the short position, the package had an overall average return of 4.15%, providing investors with a premium of 5.49% over S&P500’s return of -1.34%. 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 14 Days forecasted period.

Ittifak Holding AS is a Turkey-based holding company engaged in diversified industry sectors. The Company primarily operates in four industries: Retail operations, Manufacturing operations, Construction operations and Service-trade organization. Its Retail operations are carried out through its subsidiary, Invito Kuyumculuk Tic. AS. The Company’s Manufacturing operations produce, thorough the it’s subsidiaries, pasta, semolina, meat and dairy products, and manufactures a range of milling systems, agricultural machinery and other machines. The Company’s Construction operations are carried out through its subsidiary, Seha Insaat Muh. Mad. Turizm San. Ve Tic. A.S, which undertakes the construction of housing units, shopping centers, collective housing projects and bridges, among others. Its Trade-Service-Organization operations cover sales of oil and oil products, automobile sales and foreign trade activities, as well as management organization and consultancy services.

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.