Daily Market Forecast Based on Genetic Algorithms: Returns up to 43.53% in 7 Days

Daily Market Forecast

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: 7 Days (05/28/2018 – 06/04/2018)
I Know First Average: 5.05%
Daily Market Forecast

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. CMP.AX was the top performing prediction with a return of 43.53%. DMP.AX and BKL.AX saw outstanding returns of 15.12% and 7.30%. With these notable trade returns, the package itself registered an average return of 5.05% compared to the S&P 500’s return of 0.94% for the same period.

Compumedics Limited is engaged in the research, development, manufacture and distribution of medical equipment. The Company’s segments include USA, Australia and Asia Pacific, and Europe. The USA business includes the United States, Canada and Latin America. The Australia and Asia Pacific segment includes all countries in the Asia Pacific region. The Europe segment includes all countries in the European region, and all Middle Eastern countries. It sells all of its product offerings, including sleep diagnostic systems, clinical electroencephalogram (EEG) systems, brain monitoring systems, ultra sonic blood-flow systems, supplies and technical service and support. The USA business also includes that sleep diagnostic services business. Its product, Somfit, is a fitness tracker. The Somfit tracks the user’s sleep, collecting medical grade data to provide true sleep insights. The Company also focuses on the development of neurodiagnostic, Neuroscan research and consumable businesses.

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.