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: 14 Days (05/28/2019 – 06/11/2019)
I Know First Average: 2.39%

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Israeli Stocks Package for this 14 Days forecast. KNFM.TA was the highest-earning trade with a return of 9.30% in 14 Days. Additional high returns came from IBLD.TA and MLSR.TA, at 6.25% and 4.57% respectively. The package had an overall average return of 2.39%, providing investors with a 2.81% premium over the TASE 125 return of -0.42% during the period.

Knafaim Holdings Limited (Knafaim) is an Israel-based tourism and air aviation services company. Knafaim operates, through its subsidiaries, domestic flights and international charter flights. Knafaim also leases planes and provides maintenance services for airplanes and runways in Israel. Knafaim’s domestic flights’ destinations include Eilat, Tel Aviv, Haifa, Ben Gurion Airport and the Rosh Pina Airport. In addition, Knafaim’s subsidiary, Arkia, acts as a charter company and operates international flights in the Mediterranean region and Europe, and regular flights to Georgia and Uzbekistan. The Company holds an international carrier, El Al Airlines (39.33%), which has 207 weekly flights to 35 different destinations.

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.