Israeli Stocks Based on Algorithmic Trading: Returns up to 25.52% in 3 Months
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 Months (8/20/24 – 11/20/24)
I Know First Average: 17.9%
In this 3 Months forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The highest trade return came from SPEN.TA, at 25.52%. The suggested trades for ELTR.TA and SKBN.TA also had notable 3 Months yields of 24.43% and 23.75%, respectively. The package had an overall average return of 17.9%, providing investors with a 6.18% premium over the TASE index return of 11.72% 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.