Israeli Stocks Based on AI: Returns up to 33.54% in 1 Month
Israeli Stocks
This 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
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 1 Month (9/27/2020 – 10/27/2020)
I Know First Average: 6.84%
The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Israeli Stocks Package for this 1 Month forecast. The highest trade return came from ISCN.TA, at 33.54%. Further notable returns came from ISRS.TA and MGOR.TA at 9.33% and 9.13%, respectively. The package had an overall average return of 6.84%, providing investors with a 0.44% premium over the TASE index return of 6.4% 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.