Israeli Stocks To Buy Based on Deep Learning: Returns up to 14.66% 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 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: 1 Month (4/21/24 – 5/21/24)
I Know First Average: 2.72%
Israeli Stocks To Buy
Israeli Stocks To Buy chart

The algorithm correctly predicted 7 out of 10 the suggested trades in the By Country – Israeli Stocks Package for this 1 Month forecast. The top-performing prediction in this forecast was NVMI.TA, which registered a return of 14.66%. The suggested trades for ORA.TA and TSEM.TA also had notable 1 Month yields of 11.8% and 11.67%, respectively. The package had an overall average return of 2.72%, providing investors with a 0.55% premium over the TASE index return of 2.17% during the period.

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.