Israeli Stocks Based on Genetic Algorithms: Returns up to 92.62% in 1 Year

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 Year (5/26/21 – 5/26/22)
I Know First Average: 19.03%
Israeli Stocks
Israeli Stocks chart

In this 1 Year forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. ILCO.TA was the highest-earning trade with a return of 92.62% in 1 Year. KEN.TA, and DELT.TA had notable returns of 62.29% and 57.86%. The package had an overall average return of 19.03%, providing investors with a 9.32% premium over the TASE index return of 9.71% during the period.

Israel Corporation Ltd is an Israel-based holding company, which provides focused exposure to well positioned mature assets in the natural resources industry. The Company operates through two main investee companies: Israel Chemicals Ltd (ICL) and Oil Refineries Ltd (ORL). ICL is a multinational group, operating in two divisions: Essential Minerals, which extracts and distributes raw materials within the potash, phosphate and magnesium markets, and Specialty Solutions, which mainly produces bromine from the Dead Sea, as well as manufactures and commercializes bromine and phosphorus compounds. In addition ICL Group’s assets include concessions for mining phosphate rock in the Negev Desert in Israel and mining agreements covering the mining of potash mines in Spain and the United Kingdom, among others. ORL and its subsidiaries are mainly engaged in the crude oil refining, production of fuel products, raw materials for the petrochemical industry and other accompanying materials.

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.