Israeli Stocks Based on Deep-Learning: Returns up to 36.6% 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 (1/1/21 – 2/1/21)
I Know First Average: 15.04%
Israeli Stocks
Israeli Stocks chart

In this 1 Month forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The greatest return came from EVGN at 36.6%. CEVA and SBNY saw outstanding returns of 32.77% and 23.11%. The package had an overall average return of 15.04%, providing investors with a 14.57% premium over the TASE index return of 0.47% during the period.

Evogene Ltd. (EVGN) operates as a biotechnology company for the improvement of crop productivity. It operates through two segments, Evogene and Evofuel. The Evogene develops seed traits, ag-chemical products, and ag-biological products to enhance plant performance. Its seed trait operation develops seed traits enhancing plant yield and tolerance to abiotic stresses and biotic stresses; and ag-chemical operations develop novel herbicides and bio-stimulants. The Evofuel segment develops species of the castor bean plant for second generation feedstock for biofuel and other industrial uses. The company’s products focus on various crops, including corn, soybean, wheat, rice, and cotton. It is developing seed traits for yield and abiotic stress tolerance, such as enhanced tolerance to drought, heat, and salinity; biotic stress resistance, including resistance to disease, pests, and insects; and novel herbicides. The company has strategic collaborations with various agricultural companies, such as BASF, Bayer, DuPont, Monsanto, and Syngenta that cover 34 products in various stages of development; and a collaboration agreement with Instituto Mato-grossense do Algodão (IMAmt) for the discovery and validation of novel genomic promoters to support IMAmt’s product development of insect-resistant cotton varieties. Evogene Ltd. (EVGN) was founded in 1999 and is headquartered in Rehovot, Israel.

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.