Israeli Stocks Based on Genetic Algorithms: Returns up to 140.71% 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 (5/4/2020 – 8/4/2020)
I Know First Average: 33.99%
Israeli Stocks
Israeli Stocks chart

During the 3 Months forecasted period several picks in the By Country – Israeli Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The top-performing prediction in this forecast was OPK.TA, which registered a return of 140.71%. Additional high returns came from BCOM.TA and CAMT.TA, at 92.72% and 55.01% respectively. The package had an overall average return of 33.99%, providing investors with a 32.56% premium over the TASE index return of 1.43% during the period.

OPKO Health, Inc., incorporated on November 18, 1991, is a diversified healthcare company. The Company’s segments include Pharmaceutical, Diagnostics and Corporate. The pharmaceutical segment consists of the pharmaceutical operations in Chile, Mexico, Ireland, Israel and Spain and its pharmaceutical research and development operations. The diagnostics segment primarily consists of the clinical laboratory operations in Bio-Reference Laboratories (Bio-Reference) and its point-of-care operations.

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.