Israeli Stocks Based on Predictive Analytics: Returns up to 22.33% in 1 Month

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 Month (9/14/2020 – 10/14/2020)
I Know First Average: 7.29%
Israeli Stocks
Israeli Stocks chart

In this 1 Month forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. PHOE1.TA was the highest-earning trade with a return of 22.33% in 1 Month. LPSN.TA and BEZQ.TA also performed well for this time horizon with returns of 21.66% and 12.67%, respectively. The package had an overall average return of 7.29%, providing investors with a 2.94% premium over the TASE index return of 4.35% during the period.

Phoenix Holdings Ltd is an Israel-based holding company. The Company provides a range of products and services through two segments: Insurance and Investments. The insurance segment offering includes car insurance, home insurance, mortgage insurance, travel insurance, life insurance and health insurance, among others. The Investment segment provides wide range of long-term savings solutions, investment products and platforms for independent trading in the capital market. The Company is active locally.

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.