Saudi Arabian Stocks Outlook Based on Big Data: Returns up to 22.96% in 3 Days

Saudi Arabian Stocks Outlook

This Saudi Arabian stocks 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 Saudi Arabian stocks with bullish and bearish signals:

  • Top 10 Saudi Arabian stocks for the long position
  • Top 10 Saudi Arabian stocks for the short position

Package Name: By Country- Saudi Arabian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (06/22/2018 – 06/26/2018)
I Know First Average: 6.25%

This Saudi Arabian Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was 8310.SE with a return of 22.96%. 8110.SE, and 8230.SE had notable returns of 12.50% and 7.67%. The package’s overall average return was 6.25%, providing investors with a 7.22% premium over the S&P 500’s return of -0.97% during the same 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.