Stock Price Predictor Based on Algorithmic Trading: Returns up to 111.11% in 7 Days

Stock Price Predictor

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: 7 Days (01/09/2019 – 01/16/2019)
I Know First Average: 14.87%
Stock Price Predictor

The algorithm correctly predicted 6 out 10 of the suggested trades in the By Country – Australian Stocks Package for this 7 Days forecast. BKY.AX was the highest-earning trade with a return of 111.11% in 7 Days. Additional high returns came from SYR.AX and PPS.AX, at 14.37% and 10.71% respectively. The package had an overall average return of 14.87%, providing investors with a 13.25% premium over the S&P 500’s return of 1.62% during the period.

Berkeley Energia Limited, formerly Berkeley Energy Limited, is engaged in mineral exploration and development. The Company is focused on developing Europe’s uranium project, the Salamanca mine. The Company is developing the Salamanca project in uranium mining area in western Spain.

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.