Best Shares Based on Artificial Intelligence: Returns up to 7.26% in 7 Days

Best Shares

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 best shares 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: 7 Days (05/12/2019 – 05/20/2019)
I Know First Average: 1.50%
Best Shares

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. SAR.AX was the top performing prediction with a return of 7.26%. SLR.AX and ORI.AX saw outstanding returns of 6.58% and 4.06%. The package had an overall average return of 1.50%, providing investors with a 2.93% premium over the S&P ASX’s return of -1.43% during the period.

Saracen Mineral Holdings Limited is engaged in gold mining and mineral exploration. The Company’s segments include Saracen Gold Mines Pty Limited (SGM), which includes the exploration, production and administration relating to the Carosue Dam operations (CDO); Saracen Mineral Holdings Limited (SAR), which includes the corporate administration, and Saracen Metals Pty Limited (SME), which includes the exploration, development, production and administration relating to the Thunderbox operations (TBO). CDO tenement holdings and gold deposits are located in gold provinces, in northeast of Kalgoorlie, Western Australia. TBO is located in the Yandal Belt and the Agnew-Wiluna Belt in the North Eastern Goldfields of Western Australia. TBO includes the Thunderbox Project, including the Thunderbox and Mangilla gold deposits; the Bannockburn Project, including the Bannockburn and North Well gold deposits, and the Waterloo Project, including the Waterloo and Amorac nickel deposits.

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.