Daily Australian Stock Market Predictions Based on Artificial Intelligence: Returns up to 17.18% in 3 Days

Daily Australian Stock Market Predictions

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 (10/28/2018 – 10/31/2018)
I Know First Average: 3.00%
Daily Australian Stock Market Predictions

During the 3 Days forecasted period several picks in the By Country – Australian Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was LYC.AX, at 17.18%. Further notable returns came from CGS.AX and AKP.AX at 15.83% and 9.49%, respectively. The By Country – Australian Stocks package had an overall average return of 3.00%, providing investors with a premium of 1.00% over the S&P 500’s return of 2.00%.

Lynas Corporation Limited is engaged in integrated extraction and processing of rare earth minerals, primarily in Australia and Malaysia, and development of rare earth deposits. The Company has a portfolio of aligned assets, which include Mt Weld, which are rare earths mines, located approximately 30 kilometers (km) south of Laverton in Western Australia; Mt Weld Concentration Plant, which is located over 1.5 km from the mine site, and Lynas Advanced Materials Plant (LAMP), which is an integrated manufacturing facility, separating and processing rare earths materials, located in the Gebeng Industrial Estate (GIE) near the Port of Kuantan in Malaysia. The Company’s Australian concentration plant is located in Mt Weld, Western Australia. The Company’s Malaysian advanced materials plant is located in The Gebeng Industrial Park near Kuantan. Its subsidiaries include Lynas Malaysia Sdn Bhd and Lynas Services Pty Ltd.

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.