Stock Forecasting Algorithm

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: 3 Days (03/30/2018 – 04/03/2018)
I Know First Average: 1.50%

7 out of 10 stock prices in this forecast for the By Country – Australian Stocks Package moved as predicted by the algorithm. BLK.AX was our best stock pick this week a return of 12.64%. YOW.AX and SLR.AX followed with returns of 6.38% and 5.06% for the 3 Days period. The package saw an overall yield of 1.50% versus the S&P 500’s return of -1.00% implying a market premium of 2.50%.

Blackham Resources Limited is engaged in mineral exploration and development. The Company is engaged in Western Australian exploration activities. The Company is engaged in open pit mining and underground mine development at the Matilda Gold Project, and intends to produce gold bar from its approximately 1.7 Metric Tons Per Annum (Mtpa) Wiluna gold plant. The Matilda Gold Project incorporates over 780 square kilometers of tenements, including Regent and the Matilda and Williamson Gold Mines. These tenements cover approximately 45 kilometers of strike along the Wiluna Mine Sequence and approximately 10 kilometers of strike along the Coles Find Sequence. The Williamson deposit is situated on the Wiluna Mine Sequence covering approximately six kilometers of strike with multiple mineralized structures. Williamson is approximately 26 kilometers to the Wiluna Gold Plant and over 10 kilometers from the Matilda Mine by haul roads.

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.