Best Australian Stocks Based on Stock Market Algorithm: Returns up to 28.87% in 14 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: 14 Days (09/10/2018 – 09/24/2018)
I Know First Average: 4.30%
Best Australian Stocks

Several predictions in this short-term 14 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. CUV.AX was the top performing prediction with a return of 28.87%. PNI.AX and SPL.AX saw outstanding returns of 7.29% and 5.90%. With these notable trade returns, the package itself registered an average return of 4.30% compared to the S&P 500’s return of 1.66% for the same period.

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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.