Israeli Stocks Based on Big Data: Returns up to 24.97% in 14 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: 14 Days (4/28/2020 – 5/12/2020)
I Know First Average: 3.84%
Israeli Stocks
Israeli Stocks chart

This By Country – Israeli Stocks Package forecast had correctly predicted 7 out of 10 stock movements. WIX was the highest-earning trade with a return of 24.97% in 14 Days. Additional high returns came from CAMT and NVMI, at 10.64% and 7.15% respectively. The package had an overall average return of 3.84%, providing investors with a 4.13% premium over the TASE index return of -0.29% during the period.

Wix.com Ltd. (Wix), incorporated on October 5, 2006, is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for customers visiting their Website, as well as a back-end management dashboard. The Company has developed these software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music and restaurants. These vertical applications are integrated into the Company’s Website templates or can be installed on any existing Website and set up by the user and without the need to write code. The Company offers its platform in various languages, including English, French, Spanish, Portuguese, Italian, Russian, German, Japanese, Korean, Polish, Dutch, Turkish, Hindi, Norwegian, Swedish, Danish and Czech.

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.