Israeli Stocks Based on Artificial Intelligence: Returns up to 23.73% in 1 Month
Israeli 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 Israeli stocks with bullish and bearish signals:
- Top 10 Israeli stocks for the long position
- Top 10 Israeli stocks for the short position
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 1 Month (06/02/2019 – 07/03/2019)
I Know First Average: 7.89%
During the 1 Month forecasted period several picks in the By Country – Israeli Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was MGOR.TA, at 23.73%. Further notable returns came from LDER.TA and IBLD.TA at 18.60% and 13.37%, respectively. The package had an overall average return of 7.89%, providing investors with a 4.22% premium over the TASE 125 return of 3.67% during the period.
Mega Or Holdings Ltd is an Israel-based company engaged in the real estate sector. The Company builds, manages and leases real estate properties, which includes shopping centers.
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.
