Israeli Stocks Based on a Self-learning Algorithm: Returns up to 7.51% in 3 Days

Israeli Stocks

This Israeli stocks forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full Israeli stocks forecast includes daily predictions for a total of 20 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 Days (11/20/2020 – 11/23/2020)
I Know First Average: 2.99%
Israeli Stocks
Israeli Stocks chart

For this 3 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The top performing prediction from this package was ISCN.TA with a return of 7.51%. ALGS.TA, and NSTR.TA had notable returns of 6.3% and 5.03%. The package had an overall average return of 2.99%, providing investors with a 0.67% premium over the TASE index return of 2.32% 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-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.