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: 3 Days (11/20/2020 – 11/23/2020)
I Know First Average: 3.11%

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Israeli Stocks Package for this 3 Days forecast. The prediction with the highest return was KEN, at 8.33%. DK, and MGIC had notable returns of 6.48% and 5.85%. The package had an overall average return of 3.11%, providing investors with a 3.23% premium over the TASE index return of -0.12% during the period.

Kenon Holdings Ltd. (KEN), through its subsidiaries, owns, develops, and operates power generation and distribution facilities primarily in Latin America, the Caribbean, and Israel markets. It also designs, manufactures, distributes, and services passenger vehicles through a network of independent authorized retail dealers in the People’s Republic of China. As of December 31, 2015, the company’s dealerships included 86 operational point of sales. In addition, it develops and owns a proprietary natural gas-to-liquid technology process. The company is based in Singapore.

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.