Stock Price Prediction Based on Machine Learning: Returns up to 19.84% in 3 Days

Stock Price Prediction

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
Forecast Length: 3 Days (01/07/2019 – 01/10/2019)
I Know First Average: 6.85%
Stock Price Prediction

For this 3 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from CGEN, at 19.84%. The suggested trades for PLX and WIX also had notable 3 Days yields of 15.60% and 8.71%, respectively. The overall average return in this By Country – Israeli Stocks package was 6.85%, providing investors with a 4.29% premium over the S&P 500’s return of 2.56% during the same period.

Compugen Ltd., a therapeutic discovery company, engages in the research, development, and commercialization of therapeutic and product candidates in Israel and Europe. The company was incorporated in 1993 and is headquartered in Holon, Israel.

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.