Israeli Stocks Based on Data Mining: Returns up to 7.25% 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
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/30/24 – 9/6/24)
I Know First Average: 2.5%
Several predictions in this 7 Days forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. PTBL.TA was the highest-earning trade with a return of 7.25% in 7 Days. ISOP.TA and NSTR.TA had notable returns of 7.17% and 3.37%. The package had an overall average return of 2.5%, providing investors with a 2.93% premium over the TASE index return of -0.43% 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.