Israeli Stocks To Buy Based on Algo Trading: Returns up to 13.63% in 7 Days

Israeli Stocks To Buy

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 Israeli stocks to buy and sell 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 (6/2/2020 – 6/9/2020)
I Know First Average: 3.7%
Israeli Stocks To Buy
Israeli Stocks To Buy chart

In this 7 Days forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top performing prediction from this package was UNON.TA with a return of 13.63%. Other notable stocks were DSCT.TA and LUMI.TA with a return of 11.09% and 7.69%. The package had an overall average return of 3.7%, providing investors with a 1.29% premium over the TASE index return of 2.41% during the period.

Union Bank of Israel Ltd. is an Israel-Based banking and financial service provider. The Bank’s activities include the provision of international private banking services and tailor-made banking packages; provision of investment consulting and portfolio management services; trading in money and stock exchange markets; fund management; trading in financial instruments; the provision of confidential accounts, custodial accounts and other accounts; provision of credit cards, and allied activities. The Bank is linked online via a network of brokers and correspondents to financial markets overseas. Through this network, the Bank is engaged in the trading of equities, shares, bonds, commercial papers, treasury bills, options, currencies, indices, interests, funds, portfolios and Israeli stocks traded abroad. The Bank has 35 branches across Israel.

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.