Israeli Stocks To Buy Based on Data Mining: Returns up to 31.2% in 1 Month

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 stocks with bullish and bearish signals and indicates Israeli stocks to buy:

  • 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: 1 Month (5/31/2020 – 7/1/2020)
I Know First Average: 10.37%
Israeli Stocks To Buy
Israeli Stocks To Buy chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Israeli Stocks Package for this 1 Month forecast. RADA was the top performing prediction with a return of 31.2%. WIX and BVXV also performed well for this time horizon with returns of 19.54% and 19.1%, respectively. The package had an overall average return of 10.37%, providing investors with a 8.02% premium over the TASE index return of 2.35% during the period.

RADA Electronics Industries Ltd.  (RADA) is an Israel-based firm, that both produces and sells advanced electronic and defense systems for airborne and land applications. It dually operates for civil and military personal, mainly for the defense market.

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.