Israeli Stocks Based on a Self-learning Algorithm: Returns up to 50.63% in 3 Months

Israeli 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 Israeli 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 (11/10/2019 – 2/10/2020)
I Know First Average: 18.47%
Israeli Stocks
Israeli Stocks chart

For this 3 Months forecast the algorithm had successfully predicted 9 out of 10 movements. The greatest return came from SPEN.TA at 50.63%. Other notable stocks were ELTR.TA and TEVA.TA with a return of 36.54% and 34.58%. The package had an overall average return of 18.47%, providing investors with a 14.76% premium over the TASE index return of 3.71% during the period.

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 that for trading decisions you should consider using the most recent forecast. Get today’s forecast and Top stock picks.