Israeli Stocks Based on Artificial Intelligence: Returns up to 24.16% in 3 Months
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: 3 Months (04/08/2019 – 07/08/2019)
I Know First Average: 3.35%
In this 3 Months forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The top-performing prediction in this forecast was ENRG.TA, which registered a return of 24.16%. Other notable stocks were SKBN.TA and RIT1.TA with a return of 22.77% and 12.90%. The package had an overall average return of 3.35%, providing investors with a 0.23% premium over the TASE 125 return of 3.12% during the period.
Energix Renewable Energies Ltd is an Israel-based Company engaged in the alternative energy sector. The Company invests in wind energy projects.
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.
