Israeli Stocks Based on Predictive Analytics: Returns up to 22.54% in 14 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: 14 Days (4/20/2020 – 5/4/2020)
I Know First Average: 3.31%
Israeli Stocks
Israeli Stocks chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. The greatest return came from IGLD.TA at 22.54%. CMER.TA and PSTI.TA saw outstanding returns of 14.03% and 10.22%. The package had an overall average return of 3.31%, providing investors with a 3.83% premium over the TASE index return of -0.52% during the period.

Internet Gold’s main asset is its 64.78% interest in BCOM Ltd. (Nasdaq and TASE: BCOM), a subsidiary through which IGLD holds a controlling interest in Bezeq (TASE:BZEQ), Israel’s incumbent telecommunications provider. Bezeq is a leading player in Israel’s fixed-line, mobile voice, broadband and multichannel pay TV markets.

Internet Gold is controlled by Eurocom Communications , a leading privately-held investment group headquartered in Ramat Gan. Internet Gold’s shares are traded on Nasdaq Global Market (Nasdaq: IGLD) and the Tel Aviv Stock Exchange (TASE: IGLD). Its share price is tracked as part of the TA- All-Share index.

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.