Stock Analysis Based on Genetic Algorithms: Returns up to 15.38% in 7 Days

Stock Analysis

Best Australian Stocks: 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 Australian stocks for the long position
  • Top 10 Australian stocks for the short position

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/06/2018 – 11/13/2018)
I Know First Average: 2.91%
Stock Analysis

During the 7 Days forecasted period several picks in the By Country – Australian Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The prediction with the highest return was CGS.AX, at 15.38%. Further notable returns came from FLN.AX and LYC.AX at 14.48% and 11.43%, respectively. The By Country – Australian Stocks package had an overall average return of 2.91%, providing investors with a premium of 3.50% over the S&P 500’s return of -0.59%.

Cogstate Limited is a cognitive science company delivering software and services. The Company’s segments include cognitive testing in Clinical Trials; the precision recruitment market, the healthcare market, the sport market and administration. In the clinical trials market, the Company’s technology and associated services are used to quantify the effect of disease and of drugs, devices or other interventions on human subjects participating in clinical trials primarily conducted by pharmaceutical and biotechnology companies. In the precision recruitment market, the technology is used as an online screening tool as part of the process of recruiting subjects in clinical trials. In the healthcare market, the technology and associated services are being developed as a tool for primary care physicians to assess cognitive decline. In the sport market, the technology and associated services are used to provide concussion management tools in sport.

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.