South African Stock Predictions Based on Machine Learning: Returns up to 19.57% in 3 Days

South African Stock Predictions

This international stocks 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 international stocks with bullish and bearish signals:

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

Package Name: International Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/15/2017 – 12/19/2017)
I Know First Average: 8.79%
South African Stock Predictions

The algorithm correctly predicted 9 out 10 of the suggested trades in the International Stocks Package for this 3 Days forecast. TFGJ.J was the highest-earning trade with a return of 19.57% in 3 Days. Additional high returns came from MSMJ.J and MRPJ.J, at 16.79% and 13.91% respectively. The package had an overall average return of 8.79%, providing investors with a 7.68% premium over the S&P 500’s return of 1.11% during the period.

Foschini Group Limited is an investment holding company. The Company’s segments include Retail trading divisions, which consists of the @home division, Exact, The FIX division, the Foschini division, the Jewelry division, the Markham division and the Sports division, retail clothing, jewelry, cosmetics, cellphones and homeware

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.