Israeli Stocks Picks

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 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 (11/28/2018 – 12/05/2018)
I Know First Average: 2.23%

This By Country – Israeli Stocks Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was MMHD.TA with a return of 11.28%. NVMI.TA, and QNCO.TA had notable returns of 5.97% and 5.90%. The package’s overall average return was 2.23%, providing investors with a 1.56% premium over the S&P 500’s return of 0.67% during the same period.

Menora Mivtachim Holdings Ltd. is an Israel-based holding company. The Company is active, through its subsidiaries and affiliated companies, in major areas of insurance including life assurance, health insurance, car insurance, business insurance and personal insurance. The Company’s Top Finance is a field of operation in the life assurance division, which offers Top Finance savings and investment and Top Finance central severance pay fund. Through its subsidiaries, Menora Mivtachim Underwriters & Management Ltd., Menora Mivtachim Investment Portfolio Management Ltd. and Menora Mivtachim Mutual Funds Ltd., the Company provides mutual fund management, portfolio management and underwriting. Additionally Menora Mivtachim Holdings Ltd. is engaged in the loans and mortgages provision.

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.