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 (5/26/23 – 5/30/23)
I Know First Average: 2.48%

The algorithm correctly predicted 8 out of 10 the suggested trades in the By Country – Israeli Stocks Package for this 3 Days forecast. The prediction with the highest return was NVMI.TA, at 9.04%. Further notable returns came from CAMT.TA and MTRN.TA at 8.24% and 3.9%, respectively. The package had an overall average return of 2.48%, providing investors with a 2.69% premium over the TASE index return of -0.21% during the period.

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.