Stock Ideas Based on a Self-learning Algorithm: Returns up to 57.65% in 3 Days

Stock Ideas

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

Israeli Stocks
Package Name: By Country – Israeli Stocks
Recommended Positions: Long & Short
Forecast Length: 3 Days (01/11/2019 – 01/15/2019)
I Know First Average: 4.62% (Long) & 4.33% (Short)
Stock Ideas

During the 3 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from IGLD.TA which registered a return of 30.40%. For the long positions the largest growth was registered by KTOV.TA with a return of 57.65%, during the same period. The package itself, had an overall average return of 4.62%, in the long position, providing a premium of 4.09% over the SP500’s return of 0.53%. With regards to the short position, the package had an overall average return of 4.33%, providing investors with a premium of 3.80% over S&P500’s return of 0.53%. The I Know First’s Stock Market Algorithm accurately forecasted 6 out of 10 stocks, for the long position, and 8 out of 10 stocks, for the short position for this 3 Days forecasted period.

Kitov Pharma Ltd, formerly Kitov Pharmaceuticals Holdings Ltd, is an Israel-based company that develops non-steroidal anti-inflammatory drugs that treat pain without raising blood pressure, thus avoiding the increased risk of heart attacks, strokes or death

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

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.