Quant Trading Based on Artificial Intelligence: Returns up to 15.50% in 1 Month

Quant Trading

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

Israeli Stocks
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 1 Month (03/22/2019 – 04/22/2019)
I Know First Average: 5.34%
Quant Trading

Several predictions in this long-term 1 Month forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. NVMI.TA was the top performing prediction with a return of 15.50%. LDER.TA and BRAM.TA saw outstanding returns of 13.92% and 7.09%. The package had an overall average return of 5.34%, providing investors with a 2.35% premium over the TASE 125 return of 2.99% during the period.

Nova Measuring Instruments Ltd., incorporated on May 17, 1993, provides metrology solutions for the semiconductor manufacturing industry. The Company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment. Its metrology systems measure various film thickness and composition properties, as well as critical-dimension (CD) variables during various front-end and back-end of line steps in the semiconductor wafer fabrication process. Its product portfolio includes a set of in-situ, integrated and stand-alone metrology platforms suited for dimensional, films and material metrology measurements for process control across multiple semiconductor manufacturing process steps, including lithography, Etch, Chemical Mechanical Planarization (CMP) and deposition.

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.