Turkish Stock Market Outlook Based on Artificial Intelligence: Returns up to 26.67% in 14 Days

Turkish Stock Market Outlook

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: 14 Days (03/05/2019 – 03/19/2019)
I Know First Average: 4.35%
Turkish Stock Market Outlook

For this 14 Days forecast the algorithm had successfully predicted 6 out of 10 movements. The highest trade return came from VESTL.IS, at 26.67%. The suggested trades for GARFA.IS and PETUN.IS also had notable 14 Days yields of 19.09% and 8.02%, respectively. The package had an overall average return of 4.35%, providing investors with a 3.71% premium over the XU 100 return of 0.64% during the period.

Vestel Elektronik Sanayi ve Ticaret A.S. (Vestel) is a Vestel Group Company based in Turkey, engaged in the manufacture, marketing and distribution of consumer electronics, digital technologies, household appliance and information technologies. It operates in three main segments: television and electronics; refrigerator, air conditioning units, washing machines and cookers, and digital devices. Its product portfolio includes liquid crystal display (LCD) television sets (TV), plasma TV, digital set-top boxes. The Company has production facilities in Manisa and Izmir in the Aegean Region of Turkey, and in Vladimir Region of Russia. Domestic and foreign marketing and distribution of all Vestel products are undertaken by Vestel Marketing and Vestel Foreign Trading, respectively. The Company is a subsidiary of Collar holding B.V. In September, 2013, Zorlu Holding AS raised its interest to 77.54% from 2.73%, by acquiring a 74.81% interest, in the Company.

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.