Israeli Stocks Based on a Self-learning Algorithm: Returns up to 6.6% in 7 Days

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: 7 Days (8/14/2019 – 8/21/2019)
I Know First Average: 0.77%
Israeli Stocks
Israeli Stocks chart

6 out of 10 stock prices in this forecast for the By Country – Israeli Stocks Package moved as predicted by the algorithm. The greatest return came from ENRG.TA at 6.6%. RIT1.TA and GZT.TA followed with returns of 6.27% and 6.0% for the 7 Days period. The package had an overall average return of 0.77%, providing investors with a 1.30% premium over the TASE 125 return of -0.53% during the period.

Energix Renewable Energies Ltd is an Israel-based Company engaged in the alternative energy sector. The Company invests in wind energy projects.

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.