Machine Learning Trading Based on Pattern Recognition: Returns up to 17.59% in 3 Days

Machine Learning Trading

Best South African Stocks: This South African Stock forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily prediction for a total of 18 stocks with bullish and bearish signals:

  • Top 9 South African stocks for the long position
  • Top 9 South African stocks for the short position

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/06/2018 – 04/09/2018)
I Know First Average: 3.94%
Machine Learning Trading

The algorithm correctly predicted 6 out 9 of the suggested trades in the By Country – South African Stocks Package for this 3 Days forecast. RESJ.J was the highest-earning trade with a return of 17.59% in 3 Days. Additional high returns came from FFBJ.J and ANGJ.J, at 14.42% and 2.41% respectively. The package had an overall average return of 3.94%, providing investors with a 5.81% premium over the S&P 500’s return of -1.87% during the period.

Resilient REIT Limited is a South Africa-based real estate investment trust (REIT). The Company operates through two segments: Corporate and Retail. The Company focuses on investing in regional retail centers with a minimum of three anchor tenants and letting predominantly to national retailers. The Company also invests in listed and offshore property related assets. The Company has properties located in areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape and KwaZulu-Natal. The Company’s properties include Boardwalk Inkwazi, Murchison Mall, The Galleria, The Grove, Jubilee Mall, Irene Village Mall, Rivonia Village, Soshanguve Crossing, Mall of the North, Tzaneng Mall, Limpopo Mall, Northam Plaza, The Crossing Mokopane, Highveld Mall, I’langa Mall, Secunda Mall, Mafikeng Mall, Circus Triangle, Diamond Pavilion and Village Mall Kathu. Broll Property Group Proprietary Limited and JHI Retail Proprietary Limited are the property managers of the Company.

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.