Turkish Stock Market Outlook Based on Artificial Intelligence: Returns up to 79.13% in 1 Month

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 10 stocks with bullish and bearish signals:

  • Top 5 Turkish stocks for the long position
  • Top 5 Turkish stocks for the short position

Package Name: By Country – Turkish Stocks
Recommended Positions: Long
Forecast Length: 1 Month (03/29/2019 – 04/29/2019)
I Know First Average: 56.69%
Turkish Stock Market Outlook

In this 1 Month forecast for the By Country – Turkish Stocks Package, there were many high performing trades and the algorithm correctly predicted 5 out 5 trades. The top-performing prediction in this forecast was GSRAY.IS, which registered a return of 79.13%. Other notable stocks were TACTR.IS and BJKAS.IS with a return of 73.74% and 61.03%. The package had an overall average return of 56.69%, providing investors with a 54.07% premium over the XU 100 return of 2.62% during the period.

Galatasaray Sportif Sinai ve Ticari Yatirimlar AS (Galatasaray Sportif) is a Turkey-based company that specializes in all commercial operations concerning the Galatasaray Professional Football Team, which mainly includes the media, sponsorship licensed products and advertising activities, excluding gate receipts. The Company’s activities also consist of sales and marketing of the Galatasaray brand name products, and management of the income generated from sponsorship agreements, as well as from international competitions. In February 2014, Galatasaray Spor Kulubu Dernegi raised its interest to 71% from 35.4% by acquiring a 35.6% stake 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 5 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.