International Stocks Outlook Based on Stock Prediction Algorithm: Returns up to 8.07% in 3 Days

International Stocks Outlook

This international 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 international stocks with bullish and bearish signals:

  • Top 10 international stocks for the long position
  • Top 10 international stocks for the short position

Package Name: International Stocks
Recommended Positions: Long
Forecast Length: 3 Days (10/29/2017 – 11/01/2017)
I Know First Average: 2.27%
International Stocks Outlook

During the 3 Days forecasted period several picks in the International Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was IBN, at 8.07%. Further notable returns came from ZNH and JKS at 5.48% and 5.15%, respectively. The International Stocks package had an overall average return of 2.27%, providing investors with a premium of 2.34% over the S&P 500’s return of -0.07%.

ICICI Bank Limited (IBN), together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, other accounts; and fixed, recurring, fixed, and security deposits. It also provides home, car, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, such as cash credit/overdrafts for working capital requirement, export credit, term loans, letters of credit, and bank guarantees; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers life, health, travel, car, two wheeler, home, and student medical insurance products; card protection plans; fire, marine, industrial, corporate, liability, and shop insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, and initial public offerings, as well as other online investment services; and farmer finance, tractor loans, and micro banking services, as well as other services to agri traders and processors, and agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial banking, investment banking capital markets and custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, private equity/venture capital fund management, trusteeship, and pension fund management services. As of March 31, 2016, it had a network of 4,450 branches and 13,766 ATM’s. ICICI Bank Limited (IBN) was founded in 1955 and is based in Mumbai, India.

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.