Trend Following Based on Algorithmic Trading: Returns up to 126.09% in 3 Months

Trend Following

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 Months (01/18/2017 – 04/18/2017)
I Know First Average: 17.15%
Trend Following

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Israeli Stocks Package for this 3 Months forecast. PLX was the highest-earning trend following trade with a return of 126.09% in 3 Months. Additional high returns came from PERI and SILC, at 21.43% and 19.10% respectively. The package had an overall average return of 17.15%, providing investors with a 13.87% premium over the S&P 500’s return of 3.28% during the period.

Protalix BioTherapeutics, Inc. (PLX), a biopharmaceutical company, focuses on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system in Israel and internationally.

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.