Top Turkish Stocks Based on Artificial Intelligence: Returns up to 50.00% in 1 Month

Top Turkish 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 Turkish stocks for the long position
  • Top 10 Turkish stocks for the short position

Package Name: By Country – Turkish Stocks
Recommended Positions: Long
Forecast Length: 1 Month (04/12/2019 – 05/12/2019)
I Know First Average: 2.27%
Top Turkish Stocks

During the 1 Month forecasted period several picks in the By Country – Turkish Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was ITTFH.IS, at 50.00%. Further notable returns came from DESA.IS and EGEEN.IS at 20.98% and 2.58%, respectively. The package had an overall average return of 2.27%, providing investors with a 10.12% premium over the XU 100 return of -7.85% during the period.

Ittifak Holding AS is a Turkey-based holding company engaged in diversified industry sectors. The Company primarily operates in four industries: Retail operations, Manufacturing operations, Construction operations and Service-trade organization. Its Retail operations are carried out through its subsidiary, Invito Kuyumculuk Tic. AS. The Company’s Manufacturing operations produce, thorough the it’s subsidiaries, pasta, semolina, meat and dairy products, and manufactures a range of milling systems, agricultural machinery and other machines. The Company’s Construction operations are carried out through its subsidiary, Seha Insaat Muh. Mad. Turizm San. Ve Tic. A.S, which undertakes the construction of housing units, shopping centers, collective housing projects and bridges, among others. Its Trade-Service-Organization operations cover sales of oil and oil products, automobile sales and foreign trade activities, as well as management organization and consultancy services.

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.