Stock Forecasting Algorithm Based on Data Mining: Returns up to 112.24% in 3 Months
Stock Forecasting Algorithm
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 Israeli stocks for the long position
- Top 10 Israeli stocks for the short position
I Know First’s State of the Art Stock Forecasting Algorithm accurately forecasted 7 out of 10 trades in this By Country – Israeli Stocks Package for the 3 Months time period. The greatest return came from PLX at 112.24%. NVMI and SILC also performed well for this time horizon with returns of 26.62% and 18.56%, respectively. The package itself saw an overall return of 17.41%, providing investors with a 14.49% premium above the S&P 500’s return of 2.92% for the same time period.
Protalix BioTherapeutics, Inc. (PLX), a biopharmaceutical company, focuses on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system in Israel and internationally.
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.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.