Quantitative Trading Based on Deep Learning: Returns up to 7.48% in 7 Days

Quantitative 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: 7 Days (11/05/2018 – 11/12/2018)
I Know First Average: 1.49%
Quantitative Trading

During the 7 Days forecasted period several picks in the By Country – Israeli Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was IGLD.TA, at 7.48%. Further notable returns came from TEVA.TA and JOEL5.TA at 5.35% and 5.17%, respectively. The By Country – Israeli Stocks package had an overall average return of 1.49%, providing investors with a premium of 1.37% over the S&P 500’s return of 0.12%.

Internet Gold’s main asset is its 64.78% interest in BCOM Ltd. (Nasdaq and TASE: BCOM), a subsidiary through which IGLD holds a controlling interest in Bezeq (TASE:BZEQ), Israel’s incumbent telecommunications provider. Bezeq is a leading player in Israel’s fixed-line, mobile voice, broadband and multichannel pay TV markets.

Internet Gold is controlled by Eurocom Communications , a leading privately-held investment group headquartered in Ramat Gan. Internet Gold’s shares are traded on Nasdaq Global Market (Nasdaq: IGLD) and the Tel Aviv Stock Exchange (TASE: IGLD). Its share price is tracked as part of the TA- All-Share index.

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.