Canadian Stocks Based on Stock Prediction Algorithm: Returns up to 12.71% in 3 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 & Short
Forecast Length: 3 Days (04/18/2019 – 04/22/2019)
I Know First Average: 2.66% (Long) & 3.40% (Short)
Canadian Stocks

During the 3 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from PVG.TO which registered a return of 6.43%. For the long positions the largest growth was registered by WEED.TO with a return of 12.71%, during the same period. The package itself, had an overall average return of 2.66%, in the long position, providing a premium of 2.40% over the TSX’s return of 0.26%. With regards to the short position, the package had an overall average return of 3.40%, providing investors with a premium of 3.20% over TSX’s return of 0.20%. The I Know First’s Stock Market Algorithm accurately forecasted 8 out of 10 stocks, for the long position, and 10 out of 10 stocks, for the short position for this 3 Days forecasted period.

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

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.