Trend Following Based on Big Data: Returns up to 21.86% in 14 Days

Trend Following

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: 14 Days (03/05/2018 – 03/19/2018)
I Know First Average: 5.25%
Trend Following

Several predictions in this short-term 14 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. BAL.AX was the top performing prediction with a return of 21.86%. NEA.AX and AKP.AX saw outstanding returns of 10.75% and 8.33%. With these notable trade returns, the package itself registered an average return of 5.25% compared to the S&P 500’s return of 0.81% for the same period.

Bellamy’s Australia Limited is engaged in the supply, sale and distribution of organic food and formula products for babies and toddlers. The Company’s segments include Australia, which focuses on the sales to retailers within Australia; China/Hong Kong, which focuses on the sales to Chinese distributors and online sales from third-party Websites to Chinese customers, and Other/South East Asia, which focuses on sales to other distributors and retailers, predominantly in South East Asia. It produces over 40 organic food and formula products, including infant formula, toddler milk drink, snacks, cereals, pastas and ready to eat pouches. The Company’s products are distributed in Australia, Vietnam, Singapore, Malaysia, People’s Republic of China, Hong Kong and New Zealand. Its products are also available through various online retail platforms. The Company’s subsidiaries include Bellamy’s Organic Australia Pty Ltd, Bellamy’s Kitchen Pty Ltd, Yum Mum Pty Ltd and others.

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.

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