Stock Analysis Based on Pattern Recognition: Returns up to 20.35% in 3 Days

Stock Analysis

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 18 stocks with bullish and bearish signals:

  • Top 9 South African stocks for the long position
  • Top 9 South African stocks for the short position

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/06/2018 – 04/10/2018)
I Know First Average: 5.73%
Stock Analysis

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 9 stock movements. RESJ.J was the top performing prediction with a return of 20.35%. FFBJ.J and TBSJ.J saw outstanding returns of 18.51% and 3.74%. With these notable trade returns, the package itself registered an average return of 5.73% compared to the S&P 500’s return of -0.22% for the same period.

Resilient REIT Limited is a South Africa-based real estate investment trust (REIT). The Company operates through two segments: Corporate and Retail. The Company focuses on investing in regional retail centers with a minimum of three anchor tenants and letting predominantly to national retailers. The Company also invests in listed and offshore property related assets. The Company has properties located in areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape and KwaZulu-Natal. The Company’s properties include Boardwalk Inkwazi, Murchison Mall, The Galleria, The Grove, Jubilee Mall, Irene Village Mall, Rivonia Village, Soshanguve Crossing, Mall of the North, Tzaneng Mall, Limpopo Mall, Northam Plaza, The Crossing Mokopane, Highveld Mall, I’langa Mall, Secunda Mall, Mafikeng Mall, Circus Triangle, Diamond Pavilion and Village Mall Kathu. Broll Property Group Proprietary Limited and JHI Retail Proprietary Limited are the property managers of the Company.

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.