Israeli Stocks Based on Big Data Analytics: Returns up to 7.66% 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 (5/27/24 – 6/3/24)
I Know First Average: 2.23%
Israeli Stocks
Israeli Stocks chart

During the 7 Days forecasted period several picks in the By Country – Israeli Stocks Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. LUMI.TA was the highest-earning trade with a return of 7.66% in 7 Days. MZTF.TA and KEN.TA also performed well for this time horizon with returns of 4.12% and 3.84%, respectively. The package had an overall average return of 2.23%, providing investors with a 0.36% premium over the TASE index return of 1.87% 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.