Best Australian Stocks To Buy Based on Artificial Intelligence: Returns up to 29.63% in 14 Days

Best Australian Stocks To Buy

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 & Short
Forecast Length: 14 Days (03/12/2019 – 03/26/2019)
I Know First Average: 5.94% (Long) & 9.44% (Short)
Best Australian Stocks To Buy

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 MLX.AX which registered a return of 26.32%. For the long positions the largest growth was registered by RMS.AX with a return of 29.63%, during the same period. The package itself, had an overall average return of 5.94%, in the long position, providing a premium of 4.68% over the S&P ASX’s return of 1.26%. With regards to the short position, the package had an overall average return of 9.44%, providing investors with a premium of 10.31% over S&P ASX’s return of -0.87%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 10 out of 10 stocks, for the short position for this 14 Days forecasted period.

Ramelius Resources Limited is engaged in exploration, mine development, mine operations, the sale of gold and milling services. The Company’s segments include Mt Magnet, Burbanks and Exploration. The Company’s operational projects include Mt Magnet Mine, Kathleen Valley Mine and Vivien Mine. Its development projects include Blackmans and Water Tank Hill. Its exploration projects include Milkyway, Boorgardie Basin and Tanami Joint Venture Gold Project. The Mt Magnet gold project is located adjacent to the town of Mt Magnet, approximately 500 kilometers north-east of Perth in the Murchison Goldfield of the Western Australian Yilgarn Craton. The Blackmans gold project is located approximately 30 kilometers north of Mt Magnet, in Western Australia. The Water Tank Hill project lies over 1.5 kilometers west of Mt Magnet, in Western Australia. The Milkyway gold project is located approximately 3.6 kilometers southwest of the processing plant at Mt Magnet, Western 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.

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.