Canadian Stocks Based on Predictive Analytics: Returns up to 73.94% in 1 Year

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: 1 Year (05/29/2018 – 05/29/2019)
I Know First Average: 5.83%
Canadian Stocks

For this 1 Year forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from EFN.TO, at 73.94%. The suggested trades for WCN.TO and CAE.TO also had notable 1 Year yields of 26.99% and 25.73%, respectively. The package had an overall average return of 5.83%, providing investors with a 5.11% premium over the TSX’s return of 0.72% during the period.

Element Fleet Management Corp. is a Canada-based fleet management company that provides services and financing for commercial vehicle fleets. The Company’s offerings span the total fleet lifecycle, from acquisition and financing, to program management and remarketing. The Company provides both essential and fully outsourced fleet management, with services for cars and light duty vehicles, medium and heavy duty trucks and material handling equipment. Element operates across the United States, Canada, Mexico, Australia and New Zealand, and worldwide through its Element-Arval Global Alliance.

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.