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

Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 3 Months (5/4/21 – 8/4/21)
I Know First Average: 3.08%

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Israeli Stocks Package for this 3 Months forecast. The greatest return came from MZTF.TA at 7.87%. ICL.TA and LUMI.TA followed with returns of 7.82% and 6.94% for the 3 Months period. The package had an overall average return of 3.08%, providing investors with a 0.70% premium over the TASE index return of 2.38% during the period.

Mizrahi Tefahot Bank Ltd (Mizrahi Tefahot), formerly United Mizrahi Bank Ltd., is an Israel-based bank offering international, commercial, mortgage, domestic and personal financial services. It also provides fund and portfolio management. The Bank offers a variety of short-term investment programs for periods ranging from one to five years, with fixed and varying interest rates. Mizrahi Tefahot operates through a number of branches in Israel, and affiliates in Israel and abroad, with branches or representation internationally, Los Angeles, Cayman Islands, Mexico, Switzerland, Netherland and London. The Bank has interests in telecommunications and industrial companies, such as Mofet Israel Technology Fund Ltd., Pesagot Jerusalem Ltd. and Plenus Technology.

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.