Canadian Stocks Based on Artificial Intelligence: Returns up to 11.05% in 7 Days

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 top 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 (11/28/2018 – 12/05/2018)
I Know First Average: 2.22%
Canadian Stocks

8 out of 10 stock prices in this forecast for the By Country – Canadian Stocks Package moved as predicted by the algorithm. DOL.TO was our best stock pick this week a return of 11.05%. TRI.TO and ATDb.TO followed with returns of 4.75% and 4.59% for the 7 Days period. The package saw an overall yield of 2.22% versus the S&P 500’s return of 0.67% implying a market premium of 1.55%.

Dollarama Inc. is a Canada-based holding company. The Company operates dollar stores. It has approximately 1,030 stores in operation in Canada. Its stores have an average area of approximately 9,942 square feet, and offer a range of consumer products, general merchandise and seasonal items, including private label and nationally branded products. Its merchandise is sold in individual or multiple units. The Company’s stores are located in metropolitan areas, mid-sized cities and towns. Its general merchandise includes party supplies, office supplies, arts and craft supplies, greeting cards and stationery, giftware, household wares, kitchenware, glassware, hardware and electronics, toys and apparel. Its consumable products include household consumables, such as paper, plastics, foils and cleaning supplies, basic health and beauty care products, pet food, confectionery, drinks, snacks and other food products. Its seasonal products include Halloween and the winter holidays merchandise.

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.