Indonesian Stocks Based on Artificial Intelligence: Returns up to 34.71% in 1 Year

Indonesian Stocks

Top Performing Indonesian 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 Indonesian stocks for the long position
  • Top 10 Indonesian stocks for the short position

Package Name: By Country – Indonesian Stocks
Recommended Positions: Long
Forecast Length: 1 Year (06/11/2018 – 06/11/2019)
I Know First Average: 6.66%
Indonesian Stocks

This By Country – Indonesian Stocks Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was BBRI.JK with a return of 34.71%. BBCA.JK, and INTP.JK had notable returns of 32.81% and 27.44%. The package had an overall average return of 6.66%, providing investors with a 1.45% premium over the JSX Composite’s return of 5.21% during the period.

PT Bank Rakyat Indonesia (Persero) Tbk is an Indonesia-based company primarily engaged in banking sector. It operates under the name Bank BRI. Its products include saving accounts, current accounts and fixed deposits. It also offers various loans, such as working capital loan and investment loan. Besides conventional banking, it also offers Shariah-compliant banking services through its subsidiary, PT Bank BRISyariah. Its other subsidiaries include PT Bank Rakyat Indonesia Agroniaga Tbk, which is engaged in banking sector, and BRI Remittance Co Ltd, which offers money remittance services.

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.