Best Saudi Arabian Stocks Based on Pattern Recognition: Returns up to 6.48% in 3 Days

Saudi Arabian Stocks

Top Performing Saudi Arabian 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 Saudi Arabian stocks for the long position
  • Top 10 Saudi Arabian stocks for the short position

Package Name: By Country – Saudi Arabian
Recommended Positions: Long
Forecast Length: 3 Days (07/08/2018 – 07/11/2018)
I Know First Average: 2.25%
Best International Stocks

This By Country- Saudi Arabian Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was 8311.SE with a return of 6.48%. 8190.SE, and 8110.SE had notable returns of 6.30% and 5.38%. The package’s overall average return was 2.25%, providing investors with a 1.74% premium over the S&P 500’s return of 0.51% during the same period.

Saudi Enaya Cooperative Insurance (known as: Enaya) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since February 2012. Enaya operates within the Insurance sector focusing on Life and Health Insurance. Enaya is based in Jeddah, Saudi Arabia and was established in February 2012.

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.