Israeli Stocks Based on Deep-Learning: Returns up to 48.74% in 3 Months

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: 3 Months (10/18/20 – 1/18/21)
I Know First Average: 16.78%
Israeli Stocks
Israeli Stocks chart

For this 3 Months forecast the algorithm had successfully predicted 9 out of 10 movements. RADA was the top performing prediction with a return of 48.74%. Other notable stocks were ORA and VRNT with a return of 48.45% and 35.69%. The package had an overall average return of 16.78%, providing investors with a 8.62% premium over the TASE index return of 8.16% during the period.

RADA Electronics Industries Ltd.  (RADA) is an Israel-based firm, that both produces and sells advanced electronic and defense systems for airborne and land applications. It dually operates for civil and military personal, mainly for the defense market.

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.