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: 7 Days (1/26/22 – 2/2/22)
I Know First Average: 4.51%

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. PZOL.TA was the highest-earning trade with a return of 10.66% in 7 Days. Other notable stocks were ORL.TA and MGDL.TA with a return of 6.81% and 6.65%. The package had an overall average return of 4.51%, providing investors with a 0.97% premium over the TASE index return of 3.54% during the period.

d quarter loss on refining margin dropIsrael’s Paz Oil swung to a loss in the third quarter, with the coronavirus pandemic leading to a sharp decline in oil prices and demand that hit refining margins.

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.