Israeli Stocks Based on Algorithmic Trading: Returns up to 19.09% in 7 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

Israeli Stocks
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 7 Days (1/5/21 – 1/12/21)
I Know First Average: 5.22%
Israeli Stocks
Israeli Stocks chart

For this 7 Days stock market forecast the algorithm had successfully predicted 10 out of 10 movements. The prediction with the highest return was ORA.TA, at 19.09%. PHOE1.TA, and NVMI.TA had notable returns of 6.74% and 5.86%. The package had an overall average return of 5.22%, providing investors with a 0.28% premium over the TASE index return of 4.94% during the very same investment forecasting time 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.