Singapore Stocks

This forecast for Singaporean Stocks is part of the By Country Package, as one of I Know First’s neural network trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: By Country – Singaporean Stock Forecast
Recommended Positions: Long
Forecast Length: 7 Days (05/07/2019 – 05/14/2019)
I Know First Average: 1.58%

6 out of 10 stock prices in this forecast for the By Country – Singaporean Stock Forecast Package moved as predicted by the algorithm. MIEL.SI was our best stock pick this week a return of 13.10%. SOGF.SI and ISOT.SI followed with returns of 9.80% and 2.33% for the 7 Days period. The package had an overall average return of 1.58%, providing investors with a 3.61% premium over the FTSE STRAITS TIMES’ return of -2.03% during the period.

Mirach Energy Limited is an investment holding company mainly engaged in agriculture businesses. Along with subsidiaries, the Company operates its business through five segments. The Agriculture segment involves the cultivation of durian plantations in Malaysia. The Property Construction and Development segment is mainly involved in the construction and development of property in Malaysia. The Oil Exploration and Oilfield Development segment involves the petroleum operation in an offshore area of Cambodia and Indonesia. The Oilfield Services segment is engaged in the provision of oilfield services and sale of hardware products and equipment. The Management Services segment is engaged in the provision of management consultancy services in Singapore.

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.