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: 7 Days (5/23/21 – 5/31/21)
I Know First Average: 1.66%

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The prediction with the highest return was NVMI, at 6.36%. WIX and MRVL also performed well for this time horizon with returns of 4.71% and 4.5%, respectively. The package had an overall average return of 1.66%, providing investors with a 0.50% premium over the TASE index return of 1.16% during the period.

Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. The company offers in-line and x-ray stand-alone metrology systems, as well as integrated optical metrology systems that attach directly to wafer fabrication process equipment. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Ness Ziona, 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.