Israeli Stocks Based on Machine Learning: Returns up to 25.56% 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 forecast includes daily predictions for a total of 20 Israeli 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 (7/21/2019 – 10/21/2019)
I Know First Average: 13.93%
Israeli Stocks
Israeli Stocks chart

This By Country – Israeli Stocks Package forecast had correctly predicted 8 out of 10 stock movements. SKBN.TA was the top performing prediction with a return of 25.56%. SLARL.TA and ENRG.TA followed with returns of 24.07% and 21.95% for the 3 Months period. The package had an overall average return of 13.93%, providing investors with a 6.51% premium over the TASE 125 return of 7.42% during the period.

Shikun and Binui Ltd., formerly Housing & Construction Holding Co. Ltd., is an Israel-based infrastructure and real estate company. It operates under the following segments: Infrastructure Contracting and Construction Abroad; Infrastructure and Construction Contracting in Israel; Real Estate Development in Israel; Real Estate Development Abroad; Franchising; Renewable Energy, as well as Other Activities. It operates through its subsidiaries in Israel and across the world that carry out public-private partnership (PPP) projects, focusing on the initiation, financing, construction and operation of infrastructure and civil-engineering projects, development and construction of residential buildings, development and sale of commercial projects, construction and operation of rental properties, development of power generation facilities based on renewable energies, as well as financing, construction and operation of water desalination and purification initiatives, among others.

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.