Israeli Stocks Based on Algo Trading: Returns up to 10.77% in 14 Days
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: 14 Days (10/14/24 – 10/28/24)
I Know First Average: 4.6%
During the 14 Days forecasted period several picks in the By Country – Israeli Stocks Package saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. The prediction with the highest return was ESLT.TA, at 10.77%. ELTR.TA and SPEN.TA saw outstanding returns of 9.6% and 8.32%. The package had an overall average return of 4.6%, providing investors with a 1.38% premium over the TASE index return of 3.22% 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.