Best Australian Stocks Based on Stock Algorithm: Returns up to 20.59% in 3 Days

Best 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
Forecast Length: 3 Days (12/18/2017 – 12/21/2017)
I Know First Average: 4.38%
Best Australian Stocks

During the 3 Days forecasted period several picks in the By Country – Australian Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The prediction with the highest return was SAS.AX, at 20.59%. Further notable returns came from SBM.AX and DRM.AX at 9.09% and 8.11%, respectively. The By Country – Australian Stocks package had an overall average return of 4.38%, providing investors with a premium of 4.05% over the S&P 500’s return of 0.33%.

Sky and Space Global Limited operates as a nano-satellite technology company. It constructs and operates communications infrastructure based on nano-satellite technology to telecommunications and international transport industries, as well as develops software systems that will deploy, maintain orbit control, and handle communication network to provide a global coverage. The company is based in Perth, Australia.

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.