Stock Algorithms

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

Package Name: By Country – Turkish Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/01/2018 – 04/04/2018)
I Know First Average: 2.60%

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. CELHA.IS was the top performing prediction with a return of 12.50%. MNDRS.IS and NIBAS.IS saw outstanding returns of 12.40% and 5.84%. With these notable trade returns, the package itself registered an average return of 2.60% compared to the S&P 500’s return of 0.14% for the same period.

Celik Halat ve Tel Sanayii AS is a Turkey-based company engaged in the production and sale of steel wires, steel wire ropes and other steel products, utilized in several sectors, including construction, petroleum, mining, transportation and agriculture. The Company’s product portfolio consists of a range of steel rope products, including crane ropes, chair lift ropes, marine ropes, elevator ropes, fishing ropes, single-strand ropes and special ropes; spring wires, such as mattress wires and galvanized wires, used in furnishing, energy and telecommunications sectors, and high-tensile bead wires coated with copper or bronze. The Company also offers pre-stressed concrete wires and wire strands, primarily utilized in various construction projects and land and rail transportation, as well as in irrigation systems. As of December 31, 2011, the Company was a subsidiary of Dogan Sirketler Grubu Holding AS.

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.