Israeli Stocks Based on Predictive Analytics: Returns up to 12.14% in 7 Days

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: 7 Days (1/14/21 – 1/21/21)
I Know First Average: 4.0%
Israeli Stocks
Israeli Stocks chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. The top performing prediction from this package was TSEM.TA with a return of 12.14%. MTDS.TA and NVMI.TA also performed well for this time horizon with returns of 9.68% and 6.99%, respectively. The package had an overall average return of 4.0%, providing investors with a 2.73% premium over the TASE index return of 1.27% during the period.

Tower Semiconductor Ltd., incorporated on February 22, 1993, operates as an independent semiconductor foundry focused primarily on specialty process technologies. The Company focuses on producing integrated circuits (ICs) based on the design specifications of its customers. The Company manufactures semiconductors for its customers primarily based on third-party designs. It offers process manufacture geometries of 0.35, 0.50, 0.55, 0.60, 0.80-micron and above on 150 millimeter wafers, 0.35, 0.18. 0.16, 0.13 and 0.11-micron on 200 millimeter wafers, and 65 nanometer and 45 nanometer on 300 millimeter wafers. It also provides design support and technical services. Its ICs are incorporated into a range of products in markets, including consumer electronics, personal computers, communications, automotive, industrial and medical device products. The Company has manufacturing facilities in the United States, Israel and Japan.

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.