Israeli Stocks Based on Stock Prediction Algorithm: Returns up to 5.71% in 3 Days

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 Days (11/4/2019 – 11/7/2019)
I Know First Average: 0.26%
Israeli Stocks
Israeli Stocks chart

This By Country – Israeli Stocks Package forecast had correctly predicted 7 out of 10 stock movements. KNFM.TA was our best stock pick this week a return of 5.71%. ELAL.TA and RIMO.TA followed with returns of 5.56% and 3.33% for the 3 Days period. The package had an overall average return of 0.26%, providing investors with a 0.61% premium over the TASE 125 return of -0.35% 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.