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: 7 Days (06/17/2019 – 06/24/2019)
I Know First Average: 6.90%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this By Country – Israeli Stocks Package for the 7 Days time period. The greatest return came from IGLD.TA at 25.84%. MGOR.TA and BCOM.TA also performed well for this time horizon with returns of 13.25% and 13.11%, respectively. The package had an overall average return of 6.90%, providing investors with a 5.48% premium over the TASE 125 return of 1.42% during the period.

Internet Gold’s main asset is its 64.78% interest in BCOM Ltd. (Nasdaq and TASE: BCOM), a subsidiary through which IGLD holds a controlling interest in Bezeq (TASE:BZEQ), Israel’s incumbent telecommunications provider. Bezeq is a leading player in Israel’s fixed-line, mobile voice, broadband and multichannel pay TV markets.

Internet Gold is controlled by Eurocom Communications , a leading privately-held investment group headquartered in Ramat Gan. Internet Gold’s shares are traded on Nasdaq Global Market (Nasdaq: IGLD) and the Tel Aviv Stock Exchange (TASE: IGLD). Its share price is tracked as part of the TA- All-Share index.

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.