Stock Market Trends Based on Data Mining: Returns up to 31.40% in 7 Days

Stock Market Trends

This international stocks 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 international stocks with bullish and bearish signals:

  • Top 10 Saudi Arabian stocks for the long position
  • Top 10Saudi Arabian stocks for the short position

Package Name: By Country- Saudi Arabia
Recommended Positions: Long
Forecast Length: 7 Days (07/10/2018 – 07/17/2018)
I Know First Average: 5.43%
Stock Market Trends

7 out of 10 stock prices in this forecast for the International Stocks Package moved as predicted by the algorithm. 8311.SE was our best stock pick this week a return of 31.40%. 8310.SE and 8110.SE followed with returns of 8.79% and 6.73% for the 7 Days period. The package saw an overall yield of 5.43% versus the S&P 500’s return of 0.91% implying a market premium of 4.52%.

Saudi Enaya Cooperative Insurance (known as: Enaya) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since February 2012. Enaya operates within the Insurance sector focusing on Life and Health Insurance. Enaya is based in Jeddah, Saudi Arabia and was established in February 2012.

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.