Machine Learning Trading Based on Algorithmic Trading: Returns up to 17.35% in 3 Days

Machine Learning Trading

Best Australian 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 stocks with bullish and bearish signals:

  • Top 10 Australian stocks for the long position
  • Top 10 Australian stocks for the short position

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (01/05/2018 – 01/08/2018)
I Know First Average: 3.76%
Machine Learning Trading

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. MXC.AX was the top performing prediction with a return of 17.35%. ZLD.AX and GCY.AX saw outstanding returns of 13.64% and 8.79%. With these notable trade returns, the package itself registered an average return of 3.76% compared to the S&P 500’s return of 0.87% for the same period.

MGC Pharmaceuticals Limited operates as a medical and cosmetic cannabis company in Australia and Slovenia. It is developing phytocannabinoid as active pharmaceutical ingredients containing medicinal cannabis products. The company was formerly known as Erin Resources Limited and changed its name to MGC Pharmaceuticals Limited in December 2015. MGC Pharmaceuticals Limited is based in Perth, Australia.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.