Equity Research

Best South African Stocks: This South African Stock forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

• Top 10 South African stocks for the long position
• Top 10 South African stocks for the short position

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 3 Days (07/27/2018 – 07/31/2018)
I Know First Average: 2.50%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this By Country – South African Stocks Package for the 3 Days time period. The greatest return came from VODJ.J at 5.71%. SLMJ.J and TBSJ.J also performed well for this time horizon with returns of 3.99% and 3.69%, respectively. The package itself saw an overall return of 2.50%, providing investors with a 3.25% premium above the S&P 500’s return of -0.75% for the same time 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

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.