Automated Trading

Best South African Stocks: This South African Stock forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily prediction for a total of 18 stocks with bullish and bearish signals:

• Top 9 South African stocks for the long position
• Top 9 South African stocks for the short position

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/05/2018 – 04/08/2018)
I Know First Average: 5.37%

In this 3 Days forecast for the By Country – South African Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 9 trades. The top-performing prediction in this forecast was FFBJ.J, which registered a return of 17.20%. Other notable stocks were RESJ.J and BATJ.J with a return of 15.33% and 4.11%. The package had an overall average return of 5.37%, providing investors with a premium of 6.89% over the S&P 500’s return of -1.52% during the same period.

Fortress REIT Limited, formerly Fortress Income Fund Limited, is a real estate investment trust (REIT), which invests in both physical property and listed property securities. The Company’s segments include Logistics, Industrial, Office, Retail, Other, Corporate South Africa and Corporate Europe. The Company owns and develops logistics warehouses, which are let to corporate tenants on long leases. The Company also invests in retail properties focused on transport nodes. The Company’s equity portfolio consists of both local listed REITs and international listed property securities. The Company focuses on development of prime logistic warehousing, retail centers and strategic offshore investments. The Company’s portfolio includes development properties, industrial properties, logistics properties, office properties, residential properties, retail properties and other properties.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.