Israeli Stocks To Buy Based on Data Mining: Returns up to 34.91% in 1 Month

Israeli Stocks To Buy

This Israeli Stocks to Buy 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:

  • 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 (10/21/2020 – 11/21/2020)
I Know First Average: 8.71%
Israeli Stocks To Buy
Israeli Stocks To Buy chart

During the 1 Month forecasted period several picks in the By Country – Israeli Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The top-performing prediction in this forecast was CLIS.TA, which registered a return of 34.91%. MGDL.TA, and TSEM.TA had notable returns of 19.23% and 15.29%. The package had an overall average return of 8.71%, providing investors with a 3.60% premium over the TASE index return of 5.11% during the period.

Clal Insurance Enterprises Holdings Ltd is an Israel-based financial services company that provides financial solutions, including insurance, pension funds, provident funds, mutual funds and investments. It owns a Lloyds syndicate in London, allowing it to offer insurance solutions to both Israeli companies operating abroad and to international companies. The Company’s life insurance products include various personal and manager policies, key life-products such as annuities, endowment, paramagnet health insurance and a universal life insurance. Non-life insurance products include motor, commercial property, homeowners, travel insurance, employers’ liability, third-party liability and other industrial risks. Clal Insurance Enterprises Holdings Ltd financial products include credit enhancement, financial guarantees, mortgage, car loans and purchaser sureties.

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.