Israeli Stocks Based on Deep Learning: Returns up to 24.76% 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 (5/7/2020 – 5/21/2020)
I Know First Average: 6.6%
Israeli Stocks
Israeli Stocks chart

This By Country – Israeli Stocks Package forecast had correctly predicted 6 out of 10 stock movements. The top-performing prediction in this forecast was BCOM.TA, which registered a return of 24.76%. ENLT.TA and CAMT.TA also performed well for this time horizon with returns of 21.86% and 21.16%, respectively. The package had an overall average return of 6.6%, providing investors with a 5.75% premium over the TASE index return of 0.85% during the period.

B Communications Ltd., incorporated in 1999, is focused on the telecommunications industry. The Company has ownership interest in Bezeq The Israel Telecommunications Corp. Ltd. (Bezeq). Bezeq is the principal provider of communications services in Israel. Bezeq and its subsidiaries implement and provide a range of telecommunications operations and services, including domestic fixed-line, cellular, Internet services, international communication services, multi-channel television, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures, provision of communications services to other communications providers, television broadcasts, and supply and maintenance of equipment on customer premises, such as network endpoint services.

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.