Israeli Stocks Based on Data Mining: Returns up to 7.92% in 1 Month

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: 1 Month (6/14/21 – 7/14/21)
I Know First Average: 1.09%
Israeli Stocks
Israeli Stocks chart

This By Country – Israeli Stocks Package forecast had correctly predicted 6 out of 10 stock movements. The prediction with the highest return was MTRN.TA, at 7.92%. MLSR.TA and PHOE1.TA also performed well for this time horizon with returns of 6.91% and 2.68%, respectively. The package had an overall average return of 1.09%, providing investors with a 3.12% premium over the TASE index return of -2.03% 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.