Israeli Stocks To Buy Based on Algo Trading: Returns up to 15.61% in 14 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 To Buy 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 (8/27/21 – 9/11/21)
I Know First Average: 3.39%
Israeli Stocks To Buy
Israeli Stocks To Buy chart

For this 14 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The prediction with the highest return was EVGN, at 15.61%. ORMP and KRNT also performed well for this time horizon with returns of 9.67% and 6.96%, respectively. The package had an overall average return of 3.39%, providing investors with a 3.65% premium over the TASE index return of -0.26% during the period.

Evogene Ltd. (EVGN) operates as a biotechnology company for the improvement of crop productivity. It operates through two segments, Evogene and Evofuel. The Evogene develops seed traits, ag-chemical products, and ag-biological products to enhance plant performance. Its seed trait operation develops seed traits enhancing plant yield and tolerance to abiotic stresses and biotic stresses; and ag-chemical operations develop novel herbicides and bio-stimulants. The Evofuel segment develops species of the castor bean plant for second generation feedstock for biofuel and other industrial uses. The company’s products focus on various crops, including corn, soybean, wheat, rice, and cotton. It is developing seed traits for yield and abiotic stress tolerance, such as enhanced tolerance to drought, heat, and salinity; biotic stress resistance, including resistance to disease, pests, and insects; and novel herbicides. The company has strategic collaborations with various agricultural companies, such as BASF, Bayer, DuPont, Monsanto, and Syngenta that cover 34 products in various stages of development; and a collaboration agreement with Instituto Mato-grossense do Algodão (IMAmt) for the discovery and validation of novel genomic promoters to support IMAmt’s product development of insect-resistant cotton varieties. Evogene Ltd. (EVGN) was founded in 1999 and is headquartered in Rehovot, 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.