Best Australian Stocks Based on Machine Learning: Returns up to 44.00% in 3 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: 3 Days (06/01/2018 – 06/04/2018)
I Know First Average: 3.21%
Buy And Hold

In this 3 Days forecast for the By Country – Australian Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The top-performing prediction in this forecast was ISU.AX, which registered a return of 44.00%. Other notable stocks were DMP.AX and GXY.AX with a return of 7.15% and 2.87%. The package had an overall average return of 3.21%, providing investors with a premium of 1.67% over the S&P 500’s return of 1.54% during the same period.

iSelect Limited operates in the online product comparison sector. The Company’s principal activities include health, life and car insurance policy sales, mortgage brokerage, energy, broadband and financial referral services. Its segments include Health Insurance, Life and General Insurance, Energy and Telecommunications, and Other. The Health Insurance segment offers comparison and referral services across the private health insurance category. The Life and General Insurance segment offers comparison, purchase and referral services across a range of life insurance, car insurance and other general insurance products. The Energy and Telecommunications segment offers comparison, purchase and referral services across a range of household utilities, including electricity, gas and broadband products. The Other segment includes comparison, purchase and referral services, and offers financial service products, including home loans. Its brands include iSelect, InfoChoice and Energy Watch.

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.