Israeli Stocks Based on Algo Trading: Returns up to 23.02% 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 40 stocks with bullish and bearish signals:

  • Top 20 Israeli stocks for the long position
  • Top 20 Israeli stocks for the short position

Israeli Stocks
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 14 Days (8/3/2020 – 8/17/2020)
I Know First Average: 6.16%
Israeli Stocks
Israeli Stocks chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 17 out 20 stock movements. MGDL.TA was our best stock pick this week a return of 23.02%. Further notable returns came from IDIN.TA and BCOM.TA at 17.54% and 15.02%, respectively. The package had an overall average return of 6.16%, providing investors with a 0.75% premium over the TASE index return of 5.41% 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 20 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.