South African Stocks Based on Pattern Recognition: Returns up to 19.96% in 7 Days

South African Stocks

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 20 stocks with bullish and bearish signals:

  • Top 10 South African stocks for the long position
  • Top 10 South African stocks for the short position

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 7 Days (12/13/2017 – 12/20/2017)
I Know First Average: 9.63%
South African Stocks

During the 7 Days forecasted period several picks in the By Country – South African Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The prediction with the highest return was TFGJ.J, at 19.96%. Further notable returns came from RMHJ.J and MSMJ.J at 17.74% and 13.63%, respectively. The By Country – South African Stocks package had an overall average return of 9.63%, providing investors with a premium of 9.06% over the S&P 500’s return of 0.57%.

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.