Israeli Stocks Based on Algorithmic Trading: Returns up to 15.17% in 3 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: 3 Days (11/22/24 – 11/26/24)
I Know First Average: 3.99%
During the 3 Days forecasted period several picks in the By Country – Israeli Stocks Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The prediction with the highest return was ECP.TA, at 15.17%. Other notable stocks were SKBN.TA and ELCO.TA with a return of 10.96% and 5.68%. The package had an overall average return of 3.99%, providing investors with a 1.95% premium over the TASE index return of 2.04% 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.