Best Canadian Stocks Based on Algo Trading: Returns up to 14.78% in 7 Days

Best Canadian Stocks

This Canadian Stocks forecast is part of the By Country Package, as one of I Know First’s systematic trading tools. The full forecast includes daily predictions for a total of 20 best Canadian stocks with bullish and bearish signals:

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


Package Name: By Country – Canadian Stocks
Recommended Positions: Long
Forecast Length: 7 Days (12/29/2016 – 01/05/2017)
I Know First Average: 8.94%
Best Canadian Stocks

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from YRI.TO, at 14.78%. The suggested trades for ABX.TO and G.TO also had notable 7 Days yields of 11.15% and 10.81%, respectively. The overall average return in this By Country – Canadian Stocks package was 8.94%, providing investors with a 8.09% premium over the S&P 500’s return of 0.85% during the same period.

Yamana Gold Inc. (YRI.TO), engages in the exploration and development of precious metal properties in Brazil, Argentina, Chile, Mexico, and Canada. It explores for gold, silver, and copper.

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.